March 22 aluminum market noon comment

Aluminum futures showed wide volatility before noon that month, and the center of gravity in the second trading stage rose slightly earlier
.
The transaction price in Shanghai is between 14020~14030 yuan / ton, and the premium of the month is around 310~330 yuan / ton, the transaction price is only about 10 yuan / ton compared with yesterday, the transaction price in Wuxi is between 14020~14030 yuan / ton, and the transaction price in Hangzhou is between
14040~14060 yuan / ton.
Today's aluminum price fell slightly, and the premium expanded to more than 300 yuan / ton, the market supply is more sufficient, traders are active, and today's shipments have increased
significantly compared with yesterday.
The willingness to receive goods downstream is acceptable, and due to the tax reduction spread and the stocking near weekend, today's purchasing enthusiasm has not significantly declined
.

In the early afternoon of the month's shock operation, today's Guangdong market that month ticket transaction price is concentrated around 14000-14010 yuan / ton, Guangdong-Shanghai price difference dropped to -20 yuan / ton; Today, there are a small number of next month tickets in the Guangdong market, and the trading price is concentrated around
13800 yuan / ton.
Due to the decline in absolute prices, downstream processing enterprises in Guangdong have risen again on the sidelines, and the receiving efforts are not as good as in previous days; Trading among traders is also less active
than yesterday.
On the whole, today's South China aluminum ingot spot is mainly traded by traders, and the overall transaction is acceptable
.