September 25 aluminum market brief commentary

On Tuesday, the main monthly 1911 contract of Shanghai aluminum opened at 14130 yuan, with an intraday high of 14185 yuan and a low of 14105 yuan, and closed at 14110 at the end of the day, down 100 yuan / ton
from the previous trading day.

South China South China aluminum ingot quotation 14320-14420 yuan, the average price of 14370 yuan, up 20 yuan, the premium of the month 85 yuan, the long single cycle day is approaching, the market demand is strong, traders are prosperous, the holders are shipping at a high price, and the market trading is still active
.
The mainstream transaction price is concentrated between 14375-14390 yuan, which is 5~20 yuan
higher than the average price of South China Reserve.

The price of Nanchu East China aluminum ingots was 14310-14350 yuan, and the average price was 14330 yuan, up 20
.
Yangtze River: 14290-14330, 14310, flat
.
Trading among traders is active, holders continue to sell at high prices, the market receives more and less, trading before noon fell significantly, and the overall transaction in East China is acceptable
.
The spot trading price is concentrated in 14320-14340 yuan, which is -10~10 yuan higher than the average price of South Reserve East China
.

The main reason is that the macro situation has not improved in recent days, and the European manufacturing data continues to weaken and drag down the macro, while the US dollar still stands at a high of 98.
7, which puts pressure
on the copper market.
Wait for the guidance of the external disk to test whether Shanghai copper can continue to stand at 47100 yuan / ton
.