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Aluminum market summary: investors' optimism about Sino-US trade has strengthened, overnight Lun aluminum shock after closing up $2, electrolytic aluminum plant is accelerating the production process, later supply pressure is greater, today aluminum material falls
.
Aluminum maintained range-bound
volatility until noon of the month.
Shanghai and Wuxi market spot quotation in the month between 13970-13990 yuan / ton, compared with yesterday down nearly 70 yuan / ton around, next month spot quotation between 13960-13980 yuan / ton, the current month and next month price difference between 10-20 yuan / ton, the current month plate premium between 70-90 yuan / ton, Hangzhou spot price transaction concentrated between
14010-14030 yuan / ton.
The spot price has fallen, the willingness of middlemen to receive goods is higher, the holders ship normally, the two sides are actively trading, and the receivers are slightly more than the shippers
.
A large household purchased more than 7,000 tons in East China today, and the subsequent purchase volume in South China will be reduced
.
Downstream is mainly normal procurement today, because the price is lower than yesterday, and the receiving status has improved
.
East China's transaction is fair today
.