November 27 aluminum market afternoon review

Aluminum sank in the morning of the month and maintained range-bound
volatility before noon.
Shanghai and Wuxi market spot quotation concentrated between 13940-13950 yuan / ton, compared with yesterday fell more than 30 yuan / ton, the current month plate premium between 70-90 yuan / ton, next month's ticket price and the current month price difference within 20 yuan / ton, Hangzhou spot price transaction concentrated between 13990-14010 yuan / ton, Hangzhou area of the month ticket goods slightly tight, the price is relatively firm
.
Today, spot prices in East China continue to fall, holders are more willing to ship, middlemen are more active in receiving goods, and the two sides are more active
.
Downstream manufacturers are mainly on-demand today and purchase
normally.
East China has a better overall transaction today
.

During the year, it is still difficult for domestic primary aluminum production to rebound significantly, because the overall release of production capacity is still relatively slow
.
At present, the inventory has fallen to a low level and is still declining, so there is some support for prices in the short term, but due to the seasonal weakening pressure of consumption, it is difficult for prices to rebound
significantly.
Short-term aluminum prices maintain a narrow range of shocks, and in the later period, with the release of production capacity under pressure, it is recommended to operate at high and short prices
.