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Color: bauxite consumption reduced 9, aluminum or down now

by:Deyuan      2020-12-23
Today aluminum market abstract: non-agricultural data than expected by investors on recession fears, Zhou Lun aluminum fell $8, domestic bauxite consumption fell in August 3. 0% showed poor demand, is expected today aluminum down now.

the futures market: August payrolls report less than market expectations, the United States by investors on recession fears, Zhou Lun aluminum weak shock isolation, latest closing price is $1783 / ton, down $8, or 0. 45%, volume 10601 hand cut 4415 hand, holdings of 764369 an increase of 4531 hands. On Friday night Shanghai leave low to go high aluminum finishing is given priority to, main month latest closing price quote 1910 contracts in 14335 yuan/ton, down to 55 yuan, or 0. 38%.

London metal exchange ( LME) Sep 06 latest inventory to 923225 metric tons of aluminum and increase from the last trading day of 4300 metric tons, increase of 0. 47%.

the Yangtze aluminum net news: sep 06 domestic spot prices edged up, the Yangtze river nonferrous net spot AOO aluminium ingot price to 14420 yuan/ton, up 20 yuan. Chinalco in east China AOO aluminium ingot price to 14430 yuan/ton, up 20 yuan. Chinese domestic bauxite consumption of 6. 86 million tons, in August fell 3. 0% year-on-year to reduce about 17. 6%; 1 - August the cumulative consumption of 61. 1 million tons, fell 6. 6%. According to market demand, is expected to today's spot prices fell. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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