November 12 aluminum market noon comment

In the early afternoon, the performance of aluminum in the month fluctuated to the downside
.
The price of deliverable aluminum ingots in the morning market is concentrated around 14100 yuan / ton, but the supply is tight and the transaction is small; The transaction price of non-deliverable aluminum ingots is concentrated around 13960-13970 yuan / ton, and the price difference between Guangdong and Shanghai is 70 yuan / ton
.
Today's non-deliverable aluminum ingots are generally traded, and the holders are active in shipping, but the willingness of middlemen to receive goods is not strong
.
On the whole
, today's spot circulation of aluminum ingots in South China is still dominated by middlemen.

Aluminum fell back before noon in the month
.
Shanghai and Wuxi spot reported 14030-14050 yuan / ton, down nearly 140 yuan / ton from yesterday's price, 110-100 yuan / ton on the plate, the price of deliverable brand aluminum ingots near 14130 yuan / ton, the opposite plate basically maintained a sticker of 70 yuan / ton, and the spot price in Hangzhou was between
14040-14060 yuan / ton.
The price of aluminum fell back, and the willingness of holders to ship increased, but the receiver tended to buy at a low price, and the trading performance of the two sides was deadlocked, and the actual transaction was average
.
Downstream manufacturers basically maintained on-demand procurement today, and the willingness to replenish on Monday was not obvious
.
East China has a poor overall transaction today
.