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Today's Shanghai aluminum volatility higher, late to recover part of the decline, the main 1808 contract repeatedly tested the 14,000 mark support, the end of the day closed down 0.
21% to 14025, down 30 from the previous trading day; The market waited for Friday's Fed meeting to trade cautiously, short-term aluminum price volatility continues, but cost support, is expected to fall little space; It is expected that spot aluminum will maintain a stable trend tomorrow, and spot dealers can buy
small amounts in batches.
Today's South China aluminum ingot quotation is 13900-14000 yuan, the average price is 13950 yuan, down 70 yuan, downstream consumption is weak, procurement momentum is insufficient, inventory decline slows down, traders are weak circulation, market transactions are flat, the mainstream transaction price is concentrated between 13950-13970 yuan, compared with the average price of South China is 0~20 yuan
.
Today's Nanchu East China aluminum ingot quotation is 13820-13860 yuan, the average price is 13840 yuan, down 70
.
Yangtze River: 13840-13880, 13860 down 30
.
Futures fluctuated to the upside, middlemen receiving goods are still active, the market negotiable supply is obviously in short supply, the basis is narrowing, and the market transaction is acceptable, mainly from the contribution
of traders.
The transaction price is 13860 yuan ~ 13880 yuan, which is 20~40 yuan
higher than the average price of South Reserve East China.
