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November 9 aluminum market noon comment

 Last Update: 2022-12-13
 Source: Internet
 Author: User

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Aluminum market summary: the dollar index rose to put pressure on the price of the base metal, overnight London aluminum fell $5, the Federal Reserve kept interest rates unchanged in line with market expectations, investors reacted flat, it is expected that Shanghai aluminum today narrow range, now aluminum or rise or fall little
.

Aluminum City

Aluminum fluctuated to the downside
in the month.
The transaction price in Shanghai is concentrated at 13860~13870 yuan / ton, the discount for the month is 30~20 yuan/ton, the transaction price in Wuxi is concentrated at 13860~13870 yuan/ton, and the transaction price in Hangzhou is concentrated at 13880~13890 yuan/ton
.
Today's spot transaction price has slightly narrowed the premium for the month, the downstream is basically on-demand procurement, middlemen and traders are still active, some large households maintain the rhythm of acquisition, and the overall transaction is acceptable
.

Aluminum weak shock in the early afternoon, the actual transaction in Guangdong market today is concentrated in 13900 ~ 13930 yuan / ton, Guangdong and Shanghai price difference maintained around 50 yuan / ton, holders maintain a positive attitude of shipments, middlemen and downstream slightly stocked, the overall transaction has warmed up compared with yesterday, but it is still difficult to call good, aluminum rod processing fees have not changed much, today Guangdong 90mm specifications aluminum bar processing fees in 380 ~ 420 yuan / ton, 110/120mm specifications in 360 ~ 400 yuan / ton, 150/178mm specifications are concentrated in 360~400 yuan/ton
.

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