October 8 aluminum market afternoon comment

The first trading stage of aluminum fluctuated sharply before the afternoon of the month, and the second trading stage maintained low volatility
.
The spot quotations in Shanghai Wuxi market are mostly concentrated between 14060-14080 yuan / ton, the opposite plate premium is 40-50 yuan / ton, the spot price is around 60 yuan / ton compared with before the holiday, and the spot price in Hangzhou is between
14080-14100 yuan / ton.
Today is the first spot trading day after the National Day, there are not many spot in the hands of the holders in the morning, the market supply is tight, the middleman has a strong willingness to receive the goods, the holder is more up, the buyer and seller are trading fair, and the source of goods turns loose after 11:00, but at this time the transaction heat becomes weaker, and the price of the holder is slightly reduced
.
Downstream manufacturers can replenish stocks after the holiday, but there is still a certain gap
compared with the expected large number of purchases.
East China has a good overall transaction today, but it is slightly
deadlocked.

In the afternoon, the monthly aluminum fluctuated to the upside and then showed sideways
.
A small amount of 14050 yuan / ton was traded in Guangdong in the morning, and the price of aluminum rose in the subsequent period, and the transaction price rose to 14050-14060 yuan / ton, and the price difference between Guangdong and Shanghai was around 10 yuan / ton
.
Today's traders are trading fairly, and there is a certain replenishment of the downstream National Day return, and the transaction is
acceptable.