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March 19 aluminum market afternoon comment

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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aluminium ingot price

aluminum pan holder

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Aluminum market summary: Boosted by higher oil prices and falling inventories, Lun aluminum rose more than 1.
5% overnight, and China's second quarter construction activity increased expectations for industrial metal demand growth, aluminum prices were supported by the rise, and aluminum is expected to rise
today.

Aluminum City

Aluminum maintained range-bound
volatility until noon of the month.
The transaction price in Shanghai is between 13880~13890 yuan / ton, and the premium of the month is around 240~250 yuan / ton, the transaction price is about 90 yuan / ton higher than yesterday, the transaction price in Wuxi is between 13880~13890 yuan / ton, and the transaction price in Hangzhou is between
13890~13910 yuan / ton.
Today's premium continues to expand, some traders consider that there are more tax reductions, and some traders consider that the goods received yesterday are sold today with a profit difference, and shipments are also more active, and the overall trading is very active
.
Due to the impact of tax reductions, the enthusiasm for receiving goods downstream today has increased significantly, and procurement is more active
.
Today, the overall transaction in East China is better
.

Aluminum fluctuated upward in the early afternoon, and the trading price in the Guangdong market today was concentrated at 13860-13870 yuan / ton, and the price difference between Guangdong and Shanghai remained near Pingshui
.
Today's traders are more active than yesterday, and downstream purchasing intentions are still average
.
On the whole, today's South China aluminum ingot spot market transaction is acceptable
.

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