November 19 aluminum market afternoon comment

In the early afternoon, aluminum stabilized after the month fluctuated to the upside
.
The transaction price in Shanghai is concentrated at 13750~13760 yuan / ton, the discount for the month is 30 yuan / ton ~ 20 yuan / ton, the transaction price in Wuxi is concentrated 13750~13760 yuan / ton, and the transaction price in Hangzhou is concentrated in 13750~13770 yuan / ton
.
Today's aluminum is up, the price is slightly higher than last week, and the downstream is more difficult to identify with the price, because there is no rush to replenish on Monday, and the overall enthusiasm for receiving goods is not high
.
Holders have a more positive attitude towards shipments, and traders tend to ship to large
households.
Today's overall trading in East China is average, and the performance is significantly convergent
from last week.

In the early afternoon, aluminum stabilized after a rapid rise, and the actual transaction in the Guangdong market today was concentrated in 13830~13840 yuan / ton, and the price difference between Guangdong and Shanghai was around
80 yuan / ton.
Today's local holders are actively shipping, while the aluminum stable rebound in the same period gives the market confidence to receive goods, middlemen and downstream buyers are active, since last week processing enterprises began to purchase raw materials willingness has increased significantly, there is a willingness to stock up at low prices, today's Guangdong market overall transaction is better
.
Today, the processing fee of aluminum rod in Guangdong has not changed much, 90mm specification aluminum rod processing fee is 460~500 yuan / ton, 110/120mm specification is 440~480 yuan / ton, 150/178mm specification is concentrated in 440~480 yuan / ton
.