March 27 aluminum market afternoon comment

East China Aluminum: Aluminum prices fluctuated upward
before noon.
Shanghai Wuxi area holder quotation between 11510-11530 yuan / ton, down from yesterday's price of around 30 yuan / ton, the opposite plate discount 90-70 yuan / ton, Hangzhou area price between 11510-11530 yuan / ton
.
Today's trading between traders is flat, the holders ship normally, and the middlemen are also willing to receive the goods, but the two sides are slightly deadlocked on the transaction price
.
Downstream procurement is mainly on-demand today, because there is a demand for stocking near Friday, and it is acceptable to receive goods today
.
East China's overall transaction today is average
.

South China Aluminum: Aluminum first suppressed and then rose in the early afternoon, and the range fluctuated
.
In the morning, there were more inquiries in the spot market in South China, and the holders shipped at a high price, the transaction price of the monthly ticket was 11520-11530 yuan / ton, and the transaction price of the next monthly pass was 11510-11520 yuan / ton; Aluminum prices began to rebound around 11 o'clock, and traders' quotations rose accordingly, and the transaction price also rose to between
11530-11560 yuan / ton.
The spot spread between Guangdong and Shanghai returned to near Pingshui
.
Market optimism gradually rose, downstream low-price procurement stocks increased during the week, Guangdong aluminum ingot inventories continued to decline, and the spot discount range remained at about
-80 yuan / ton.