October 23 aluminum market noon review

Aluminum maintained a narrow range until noon of the month
.
Shanghai Wuxi market spot quotation is concentrated between 13940-13960 yuan / ton, the spot price is up 20 yuan / ton compared with yesterday, the opposite plate premium 90-110 yuan / ton, next month and the current month The difference between the ticket price is within 20 yuan / ton, and the spot price in Hangzhou is 13950-13960 yuan / ton
。 Today's holders are more priced, shipments are not much, and middlemen still show positive willingness to receive goods, less than more in the case of spot premiums continue to rise, even reaching around 110 yuan / ton (the last time this year the premium exceeded 100 was the VAT reform at the end of March), the rising spot premium is mainly due to the continuous destocking of electrolytic aluminum stocks in the context of tight market supply, and the month-end VAT system is about to shut down, the shortage of invoices in the month further strengthens the psychology of holders to sell, today's traders buyers and sellers are deadlocked, the performance is average
。 Downstream manufacturers stock up on demand today, but under the background of high water premium, they are obviously afraid of heights, and their willingness to receive goods is not strong
.
East China's overall transaction today is average
.

Aluminum sideways in early afternoon
.
Today's aluminum ingot trading price in South China is concentrated at 13880-13890 yuan / ton, and the price difference between Guangdong and Shanghai is around 70-60 yuan / ton
.
Today's trading sentiment of traders is basically flat compared with yesterday, downstream due to concerns about rising prices, today there is some stocking, procurement efforts slightly stronger
than the previous day.
On the whole, aluminum ingots in South China are traded well
today.