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Lun aluminum inventory continued to decline close to a three-month low, overnight Lun aluminum held steady at 1722; Domestic policies have increased, and aluminum prices are expected to remain stable under the expectation of domestic tax cuts and infrastructure recovery, and it is expected that aluminum will not rise or fall much
today.
East China Aluminum: Aluminum fell before noon in the month
.
The mainstream spot trading price in Shanghai and Wuxi market is concentrated between 13590-13610 yuan / ton, which is about 10 yuan / ton higher than the previous day, the spot premium discount is between 90 ~ 80 yuan / ton, and the mainstream transaction price in Hangzhou is between
13600-13620 yuan / ton.
Today's holders are actively shipping, traders are more active, aluminum is down near the early noon, the holder's quotation is also slightly lower, the transaction between buyers and sellers is acceptable, and the market is mainly a buyer's market
before the afternoon.
In addition, some traders have reported that existing plate, strip, foil and alloy ingot cooperative manufacturers have begun to stock up, and although the amount received is not much, it has improved significantly compared with previous days
.
East China's overall transaction today is average
.
South China Aluminum: Aluminum rose and fell in the morning session, fluctuating
in a narrow range.
Before the afternoon, Guangdong aluminum ingots were abundant in spot, the market shipped less goods, the quotation of the holder was lowered, and the large households purchased slightly, and the transaction price was 13660-13670 yuan / ton; The spot price in the second trading session was lowered with the futures, and some traders reduced the price of the goods, the transaction price fell around 13630-13650 yuan / ton, and the price difference between Guangdong and Shanghai was between
40-50 yuan / ton.
Inventories continued to increase, long-term orders flowed into the market, automobile supply increased, downstream procurement was not much, and oversupply and spot discounts expanded
.
