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March 6 aluminum market noon comment

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

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Aluminum market summary: yesterday's rise in aluminum inventories inhibited the rebound of aluminum prices, overnight Lun aluminum shock after the end of the close down $1, China introduced a series of measures to stimulate economic development to boost metal demand prospects, it is expected that aluminum today rise and fall limited
.

Aluminum City

In the early afternoon, aluminum ran in a narrow range, and the trading price in the Guangdong market today was concentrated at 13680-13700 yuan / ton
.
The price difference between Guangdong and Shanghai narrowed to flat water
.
Today, except for Chinalco, which received a small amount of 13710 yuan / ton, other traders were not actively trading, and the transaction price was mostly 13680-13690 yuan / ton; Downstream processing enterprises are more wait-and-see and rarely purchase.

Today, the spot circulation of aluminum ingots in South China is still dominated by traders' trading, and the overall transaction is poor
.

Aluminum is mainly
range-bound before noon.
The transaction price in Shanghai is between 13680~13700 yuan / ton, and the discount for the month is between 30~10 yuan / ton, the transaction price is basically the same as yesterday, the transaction price in Wuxi is between 13680~13700 yuan / ton, and the transaction price in Hangzhou is between
13680~13700 yuan / ton.
Today, Chalco received more than 5,000 tons
of goods in East China.
Today's market is abundant, holders are actively shipping, and traders are actively trading, but downstream manufacturers are still mainly purchasing on demand, and do not recognize
the price.
Today, the overall transaction in East China is average
.

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