March 9 aluminum market noon comment

East China Aluminum: Aluminum range oscillation in
early afternoon.
In the morning, Shanghai Wuxi market holders quoted around 12840 yuan / ton, opposite the surface discount 40 yuan / ton nearby, but the morning market wait-and-see sentiment is strong, the actual transaction is not much, after 10:15 Shanghai Wuxi and Hangzhou market prices concentrated between 12810-12830 yuan / ton, the opposite plate discount 30-10 yuan / ton, because the market bearish sentiment is obvious, although the later holder actively shipped, but the actual transaction is slightly light, buyers and sellers trading generally
.
Downstream is mainly purchasing on demand today, and the wait-and-see mood is also strong, and the actual replenishment is not much
.
East China has a poor overall transaction today
.

South China Aluminum: Affected by the sharp decline in the external market over the weekend, aluminum jumped low in the early afternoon
.
The morning market is mainly shipped, the inquiry is small, the transaction price is around 12810 yuan / ton, large households have a little purchase, some high prices to 12820 yuan / ton; After the end of the shutdown, futures were weak and volatile, and there were not many downstream goods received on Monday, and some holders of value-preserving goods flowed out at low prices, and the transaction price fell to 12790-12800 yuan / ton, and the spot price difference between Guangdong and Shanghai was in the range of -10~0 yuan / ton
.
Guangdong aluminum ingot negative basis maintenance, market pessimism spread, overall trading is weak
.