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Shanghai aluminum main force fell slightly in the morning, the current trend has obviously turned to a narrow tug-of-war, downstream demand continues to recover but still less than the peak season expectations, the two cities of inventory continue to be high, testing the cost of aluminum price support, with the start of the peak season, downstream manufacturers demand a slight improvement, the aluminum price has a certain support, but trade war concerns make aluminum prices obviously under pressure, the fundamentals are still accumulated, it is expected that today Shanghai aluminum to maintain a narrow range of shock, in the short term aluminum price decline is limited
。 In terms of the spot market, at present, the local arrival source continues to decrease, the market circulation is limited, the enthusiasm of holders to ship is gradually weakened, most of them turn to wait and see quotations, downstream procurement willingness is general, and the overall transaction is still not good
.
South China aluminum market, aluminum first suppressed and then rose
in the early afternoon.
Today's Guangdong market transaction is concentrated in 13590 ~ 13610 yuan / ton, Guangdong-Shanghai price difference maintained around 50 yuan / ton, the first half of the market holders shipment willingness is general, but the enthusiasm of the receiver is not good, the price is difficult to hold, the second half of the carrier shipment strength is significantly enhanced, middlemen and downstream receiving goods are general, the overall transaction is decent
.
East China aluminum market, the period of aluminum noon first suppressed and then rose
.
Before noon today, Shanghai trading concentrated 13550 ~ 13560 yuan / ton, the month discount 90-80 yuan / ton, Wuxi transaction concentration 13550-13560 yuan / ton, Hangzhou transaction concentration 13550-13560 yuan / ton, are the following monthly pass-based, East China almost no price difference, due to the current price is low, so the smelter shipment willingness is not high, individual smelters in the market to receive goods, middlemen and downstream performance is acceptable, so the spot price performance is relatively firm, the overall
。
