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    Home > Chemicals Industry > New Chemical Materials > March 12 aluminum market afternoon comment

    March 12 aluminum market afternoon comment

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Aluminum market summary: the US president advocated the decline in aluminum costs but the market payment pressure is not reduced, overnight Lun aluminum fell $9, the current market news is light, aluminum prices lack of support The trend is uncertain, it is expected that aluminum will not rise or fall much
    .

    Aluminum City

    Aluminum showed volatility to the upside
    before noon.
    The transaction price in Shanghai is between 13660~13680 yuan / ton, the discount for the month is between 40~30 yuan / ton, the transaction price is more than 60 yuan / ton compared with yesterday, the transaction price in Wuxi is between 13660~13680 yuan / ton, and the transaction price in Hangzhou is between
    13660~13680 yuan / ton.
    Today, Chinalco online is not purchased in East China, the market supply is sufficient, the carrier shipments are very positive, but because the market bid is slightly higher after ten o'clock, the actual transaction price is nearly 20 yuan / ton compared to the South China market, the receiver is more difficult to recognize the price, and the willingness to receive goods is reduced
    .
    Due to the obvious increase in prices compared with yesterday, the downstream has a wait-and-see attitude towards prices, and the willingness to purchase is not high, and today's receipt is flat
    .
    Today, the overall transaction in East China is average
    .

    In the early afternoon, aluminum fluctuated upward in the month, and the transaction price in the Guangdong market today was concentrated at 13640~13650 yuan / ton, and the price difference between Guangdong and Shanghai fell to around
    -20 yuan / ton.
    Due to the increase in absolute prices and the increase in transaction price by 50 yuan / ton compared with Monday, the downstream wait-and-see mood is stronger, and the procurement intensity is weaker; Trading between traders is
    acceptable.
    Today's South China aluminum spot circulation is still dominated by traders' trading, and the overall transaction is average
    .

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