Daily review: aluminium volatile market outlook continues to wait and see
（ ） Domestic market: today Shanghai aluminum 1609 contracts opened 12290 yuan, main month low intraday high of 12360 yuan, 12240 yuan, close to 12325 in late, than the previous trading day up 45 yuan/ton. China continue to implement a proactive fiscal policy and prudent monetary policy or boost metal market, today's Shanghai aluminum rose slightly, short-term movements or partial shocks, early more than single hold, now sit to wait.
the spot market: today's spot price is 12610 - 12650 yuan/ton, flat; Guangdong south store at 12880 - 12980 yuan/ton, up 30 yuan/ton; China reported 12720 - 12740 yuan/ton, flat; Stock clinch a deal the average price in 12610 - at home 12650 yuan/ton. Today is aluminum stabilizing, shipment hold suppliers continue to actively, in the majority but downstream and middlemen, with lighter volume.
news both at home and abroad:
1, as the world's leading aluminum processing manufacturers product research and development, China zhongwang products are widely used in transportation, power engineering and machinery processing etc. Among them, in the field of transportation, China zhongwang's products are mainly used for the train freight, passenger cars, urban rail transit ( Underground railway and light rail) , road freight and passenger car end product parts and components.
2, earlier this year, face confusion in aluminum industry in China, xi jinping, general secretary of the supply side structural reform measures are put forward, in moderately expand aggregate demand at the same time, the implementation capacity, inventories, deleveraging, cost reduction, short & other; Three to one drop one filling & throughout; Strategy.