November 20 aluminum market noon comment

Aluminum market summary: crude oil plunge dragged down the commodity market sentiment, overnight aluminum shock after stabilizing to close at $1737, China and the United States reached an agreement lack of substantive support, market optimism cooled, it is expected that aluminum today rose and fell little
.

Aluminum fluctuated up before noon that month
.
Shanghai and Wuxi market spot quotation between 13960-13980 yuan / ton, compared with yesterday's price rose around 20 yuan / ton, the current month plate premium between 100-110 yuan / ton, Hangzhou spot price between 14010-14020 yuan / ton, Hangzhou area holders today shipments are not much, the quotation is relatively firm
.
Large households in Shanghai and Tin received a small amount of goods in the morning, and the shippers shipped more actively before the afternoon, the middlemen received the goods normally, and the buyers and sellers traded
fairly.
Downstream on-demand goods are mainly taken, and there are not many bright spots
in the mediocre receiving of goods.
East China's overall transaction today is average
.

Aluminum fluctuated slightly upward
in the early afternoon.
In the morning, the trading price in the Guangdong market was 13920-13930 yuan / ton, and the price difference between Guangdong and Shanghai narrowed slightly to 50-40 yuan / ton
for the month.
Today's traders are more active in trading and receiving goods, downstream stocking efforts are more continuous than yesterday, and the overall market transaction atmosphere is more active, mainly traders trading
.