September 16 aluminum market afternoon comment

The aluminum period sank before noon that month
.
The morning market quotation is chaotic, the transaction price of Shanghai Wuxi market is between 14370-14380 yuan / ton, after 10:30, the market quotation of the two places is concentrated between 14390-14410 yuan / ton, the opposite plate surface discount 10 yuan / ton to flat water, the next month premium 40 yuan / ton around, the spot price compared with last Thursday fell nearly 120 yuan / ton, Hangzhou area today spot price between 14400-14420 yuan / ton
。 Today's aluminum opening is on the downward road, all the way down, coupled with the plate back structure price difference fluctuated between 40-100 yuan / ton before the afternoon, the market quotation is more entangled and chaotic, the holder shipment is slightly hesitant, although the middleman is actively receiving goods, but the acceptable price is difficult to reach an agreement with the seller, and the buyer and seller are
deadlocked.
A large household did not purchase much today, and the downstream was also more wait-and-see, and did not show obvious willingness to receive goods after the holiday, basically taking goods on demand and replenishing a small amount
.
East China's overall transaction today is average
.

In the early afternoon, aluminum fluctuated to the downside of the month
.
At the beginning of the opening, the quotation in Guangdong was more chaotic, concentrated at 14410-14440 yuan / ton; After 10:30, the transaction price is mostly concentrated at 14420-14430 yuan / ton, and the price difference between Guangdong and Shanghai remains around
20 yuan / ton.
As the price of aluminum fell all the way on the first day of return after the holiday, the local bearish sentiment rose again, so traders still gave more and less; The local downstream needs to be purchased, and there is a small amount of stock
.
On the whole, today's spot aluminum ingots in South China are generally traded
, mainly traded by traders.