May 7 aluminum market noon comment

East China Aluminum: The first trading stage of aluminum fluctuated in the early afternoon, and the shock fell in the second trading stage
.
In the morning, Shanghai Wuxi area of the holder quotation between 12970-12990 yuan / ton, the spot price is basically the same as yesterday, the plate premium is concentrated between 80-100 yuan / ton, the morning carrier shipment is active, a large household normal receipt, the middleman to receive the goods is acceptable, with the period aluminum fell sharply, the receipt of large households is nearing the end, the holder shipment began to show hesitation, the quotation premium performance is firm, buyers and sellers in the transaction price is slightly deadlocked, the transaction heat falls, The spot price in Hangzhou is between
12990-13010 yuan / ton.
Downstream procurement is dominated by on-demand procurement today and is not in a positive state
.
The overall transaction in East China today is acceptable
.

South China Aluminum: In the morning, the South China spot market has abundant circulation, the limited quotation of receiving goods has been reduced, and large households continue to purchase, the transaction price is 13110-13130 yuan / ton, and a small amount of low price is around 13110 yuan / ton; After the suspension of trading, futures fell, holders actively adjusted prices and shipments, downstream received not much, the mainstream price fell from 13110 yuan / ton all the way down to 13060 yuan / ton
.
The spot price difference between Guangdong and Shanghai narrowed to 140-150 yuan / ton
.
Yesterday's outbound warehouse was sharply reduced, inventory continued to increase slightly, Shanghai aluminum 05/06 month difference fluctuated at 140-180 yuan / ton, spot to 05 contract premium at 210-250 yuan / ton, basis slightly down
.