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Shanghai aluminum main force slightly upward in the morning, still lack of upward momentum, the current aluminum price center of gravity overall upward, indicating that downstream destocking recovery is good, short-term geopolitical tensions eased, conducive to aluminum prices upward, cost support solid aluminum price resistance is strong, it is expected that Shanghai aluminum today to maintain a strong shock
.
Spot market, close to delivery, aluminum is basically stable and small rise, short-term destocking expectations are more optimistic, consumption gradually recovers, traders turn to price shipments, downstream users mostly receive goods at a low price, and the overall transaction is flat
.
In terms of aluminum rods, the supply of aluminum rods continues to be tight and has eased, processing fees are basically stable, downstream receiving is still active, and trading continues to improve
.
East China market, aluminum first fell and then rose in the month, Shanghai transaction concentration 14560 ~ 14580 yuan / ton, the month discount 10 yuan / ton to flat water, Wuxi transaction concentration 14560 ~ 14570 yuan / ton, Hangzhou transaction concentration 14580 ~ 14590 yuan / ton
。 In the morning, the carrier shipped actively, the market can circulate abundantly, the market quotation from 14580 yuan / ton all the way down to 14560 yuan / ton, and then a large aluminum enterprise received 2000 tons in the East China market at a price of 14570 yuan / ton, the market transaction is basically stable, the downstream maintains on-demand procurement, and the overall transaction in the East China market today is
acceptable.
In the South China market, aluminum first fell and then rose in the early afternoon, and today's Guangdong spot market transaction was concentrated at 14570~14590 yuan / ton, and the price difference between Guangdong and Shanghai remained around
40 yuan / ton.
Today, a large aluminum enterprise received 2000 tons in the Guangdong market 14590 yuan / ton, and other transactions in the market were concentrated in 14570 ~ 14580 yuan / ton, because the price of aluminum temporarily stabilized, so the local downstream procurement willingness performance is acceptable, the overall transaction is more active
.