Aluminium prices fell by an average of 30-50 yuan
The morning market price quotations on the spot market are more confusing and the big manufacturers are no longer insisting on lowering the aluminum ingot price. Affected by this, the overall market price of aluminum fell by 30-50 yuan. The majority of terminal buyers have a wait-and-see attitude. However, at the beginning of the month, there were relatively abundant funds available for aluminum processing plants. The situation in the market was slightly better than the previous period. Today's trading range is yuan/ton. The increase in arrivals is estimated that the short-term aluminum market is still gloomy. It is said that the Shanghai market has 20,000 tons of imported copper arrivals, plus the fact that the spot price is drawing closer to the spot market on the next trading day. Affected by the Shanghai spot price, today's spot copper prices have dived by 1,000-1400 yuan. However, the out-of-stock situation in the Guangdong market is still relatively serious, and the supplier's price is relatively consistent, with a downward adjustment of only RMB 200-300. The future trend needs to pay attention to the trend of the futures market.
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