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    Home > Chemicals Industry > New Chemical Materials > March 29 aluminum market noon comment

    March 29 aluminum market noon comment

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Aluminum market summary: the rise of the US dollar index limits the rebound of aluminum prices, overnight Lun aluminum closed up $2, Sino-US trade negotiations restart the market to maintain a cautious wait-and-see, lack of demand support, aluminum prices on the momentum is insufficient, it is expected that aluminum will not rise or fall today
    .

    Aluminum City

    In the early afternoon aluminum shock operation, today's Guangdong market transaction price concentrated around 13900-13920 yuan / ton, Guangdong-Shanghai price difference narrowed to -
    20 yuan / ton.
    Today is the last spot trading day of March, most traders have closed their accounts, and trading enthusiasm has decreased; Downstream processing enterprises have also reduced their efforts to receive goods
    .
    Today, the spot circulation of aluminum ingots in South China is still dominated by middleman trading, and the overall transaction is flat
    .

    Aluminum maintained a wide range until noon of the month
    .
    Shanghai transaction price is between 13920 ~ 13940 yuan / ton, the current month premium 270 ~ 290 yuan / ton around, the transaction price is basically the same as yesterday, Shanghai next month ticket transaction price is between 13640 ~ 13660 yuan / ton, Wuxi that month transaction price is between 13920 ~ 13940 yuan / ton, Hangzhou that month transaction price is between
    13930 ~ 13950 yuan / ton.
    As this day is the last spot trading day in March, some holders choose to close and settle, the market supply today is significantly reduced compared with previous days, and the trading activity between traders is further reduced
    compared with the previous two days.
    Downstream today performed on-demand procurement, and the receipt of goods was mediocre.

    East China's overall transaction today is average
    .

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