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Aluminum market summary: due to the optimism of trade negotiations, overnight aluminum rose to close up $12, China's October industrial enterprise profits fell more year-on-year, metal demand prospects are under pressure, it is expected that today's aluminum rise or fall little
.
Aluminum futures maintained range fluctuations
until noon of the month.
Shanghai and Wuxi market spot quotations concentrated between 13950-13960 yuan / ton, compared with yesterday's small increase of about 10 yuan / ton, the current month's plate premium between 70-90 yuan / ton, next month the price difference and the current month price difference is about 10 yuan / ton, after 11:00 aluminum price center of gravity rise, but at this time the transaction heat falls, the actual transaction price did not rise
.
Hangzhou spot price transaction is concentrated between 13990-14010 yuan / ton, Hangzhou traders quotation is relatively firm
.
Today's cargo holders are more active, middlemen have a strong willingness to receive goods at low prices, and the two sides can trade fairly, but a large market has less purchases, and without this part of participation, the overall transaction between traders is not as good as yesterday
.
The downstream purchases on demand today, and the receipt of goods is
mediocre.
The overall transaction in East China today is acceptable
.
