May 15 aluminum market afternoon review

The opening of the month was mainly
range-bound.
The first transaction stage Shanghai part of the transaction price between 14320-14340 yuan / ton, a large account in this price range in East China received more than 10,000 tons, the holder shipments are very active, and then enter the second transaction stage, after the end of the acquisition of the large account, traders began to trade by themselves, Shanghai spot transaction price began to concentrate between 14310 ~ 14330 yuan / ton, the price rose more than 100 yuan from yesterday, the monthly plate discount 20 ~ 10 yuan / ton, Wuxi spot transaction price in 14310 ~ Between 14330 yuan / ton, the transaction price in Hangzhou is between
14330~14350 yuan / ton.
Due to the sharp rise in aluminum prices, coupled with today's delivery and tomorrow's month, there are still more market shipments than receivers, and the premium has dropped significantly compared with yesterday, and traders and middlemen are trading better
.
However, the downstream fear of heights is obvious, mainly on-demand procurement, and the amount of goods received is not much
.
Today, the overall transaction in East China was flat
.

In the early afternoon, aluminum fluctuated at a high level of 14340 yuan / ton in the early afternoon, and the transaction price in Guangdong today was concentrated in 14340-14360 yuan / ton, up nearly 100 yuan from yesterday, and the price difference between Guangdong and Shanghai remained around
30 yuan / ton.
Today's market trading atmosphere is also more than less, downstream enterprises do not recognize this high price, more demand or wait and see attitude
.
Overall, today's spot trading of aluminum ingots in South China is flat
.