June 20 aluminum market noon review

In the spot market, the aluminum plate is re-raised, the market circulation is slightly tight, because the spot price has recovered, the holders are actively selling slightly, the demand of downstream users has declined slightly after the holiday, the willingness to stock at a low level has increased slightly, and the market transaction is generally stable
.
In terms of aluminum rods, some sources of goods are slightly loose, processing fees have fallen back, downstream wait-and-see cautious procurement, and the transaction is general
.

In the East China market, the center of gravity of aluminum rose steadily before noon that month
.
Shanghai transaction concentration is 14100~14120 yuan / ton, the discount for the month is 60~50 yuan / ton, Wuxi transaction concentration is 14100~14120 yuan / ton, Hangzhou transaction concentration is 14130~14140 yuan / ton
.
Although today's aluminum price fell sharply, the actual transaction of the spot discount has not narrowed, mainly because the mid-year settlement is coming, some traders due to financial pressure, the market circulation supply is more sufficient, middlemen cautiously receive goods, downstream enterprises did not choose to enter at this time to stock up, but on demand procurement, the overall transaction is general
.

In the South China market, aluminum fluctuated upward before noon, and today's Guangdong spot market transaction was concentrated at 14210~14230 yuan / ton, and the price difference between Guangdong and Shanghai expanded to around
110 yuan / ton.
Today's cargo holders' willingness to ship remains stable, local middlemen believe that the current price is a short-term low, so the bottom sentiment is higher, the willingness to receive goods is positive, while the local downstream post-holiday replenishment demand objectively exists, bargain hunting willingness is also strong, today's Guangdong market overall transaction is acceptable, significantly better than East China
.