May 19 aluminum market noon comment

Aluminum highs fell
back in the early afternoon.
In the morning, a small amount of spot price in Shanghai Wuxi area is between 13490-13510 yuan / ton, the morning inquiry receiver is most, but the actual transaction is less, because the market performance is more out of less, in the context of the rise of the futures aluminum, the holder's quotation began to concentrate between 13510-13540 yuan / ton, the average price increased by 335 yuan / ton from yesterday, the premium is between 200-220 yuan / ton, in the case of the expansion of the aluminum back structure, the spot premium continues to rise compared with yesterday, and the enthusiasm of market middlemen to receive goods has not decreased.
Holders performed well and the market was very active
.
In the morning, a large household purchases normally, and the purchase plan is not fully completed
.
Due to the sharp rise in aluminum prices, the downstream receiving sentiment was frustrated today, and there were not many
purchases.
East China has a better overall transaction today
.

Today, the overall aluminum rod processing fee in the northern region continued to fall
.
Shandong 1A60 aluminum rod processing fee is between 300-400 yuan / ton, the average price is 25 yuan / ton lower than yesterday, Inner Mongolia 1A60 aluminum rod processing fee is between 120-140 yuan / ton, the average price is down from yesterday around 50, Henan 1A60 aluminum rod processing fee is between 320-350 yuan / ton, the average price is 35 yuan / ton lower than yesterday
.
Due to the sharp rise in aluminum prices, the cargo holders continued to reduce the processing fee, and the downstream goods were generally received and more afraid of heights
.