March 24 aluminum market afternoon review

East China Aluminum: Aluminum prices fell first and then rose
before noon.
In the morning, Shanghai Wuxi market holder quotation between 11200-11220 yuan / ton, spot liter discount between 90-70 yuan / ton, the price is basically the same as yesterday, 10:30 late aluminum upward, the holder's quotation discount has not changed but the absolute price has increased, concentrated between 11240-11260 yuan / ton, up nearly 50 yuan / ton earlier, Hangzhou area after 10:30 quotation between 11300-11320 yuan / ton
。 Morning holders shipments are more active, the market supply is loose, intermediaries are acceptable, with the rise of aluminum in the future, holders shipments are not as good as in the morning, middlemen at this time willingness to receive goods increased, but the overall transaction heat down, the situation is similar
to yesterday.
The downstream is mainly on-demand today, and the receipt of goods is acceptable
.
East China's overall transaction today is average
.

South China Aluminum: Aluminum opened high and low in the early afternoon, and the rebound was weak
.
In the morning South China spot market is still mainly shipped, but the inquiry received a slight increase, large households purchased a small amount, the transaction price of the monthly ticket was 11200-11210 yuan / ton, and the next month's ticket was traded at a low price to 11190 yuan / ton; After the suspension of trading, Shanghai aluminum rose and fell, and the spot quotation was constantly adjusted, and the transaction price was between
11220-11250 yuan / ton.
The spot price difference between Guangdong and Shanghai is about
-10 yuan / ton.
Guangdong aluminum ingot inventory increased by more than 7,000 tons compared with yesterday, but aluminum prices stabilized slightly, downstream inquiries increased, market trading significantly improved compared with yesterday, and spot discount range remained around
-100 yuan / ton.