Daily review: automotive aluminum reduced prices or inhibition
（ ） Domestic market: today Shanghai aluminum 1611 contracts opened 12210 yuan, main month low intraday high of 12220 yuan, 11885 yuan, in late 11965, the previous trading day down 215 yuan/ton. Japanese producers to cut car production automotive aluminum demand or early winter, aluminum prices rebound or inhibition, today Shanghai aluminum fell sharply, prices in the short term trend is expected to weak, advised investors to remain on the sidelines.
the spot market: today's spot price is 12580 - 12620 yuan/ton, down 120 yuan/ton. Guangdong south store at 12520 - 12620 yuan/ton, down 120 yuan/ton. China reported 12690 - 12710 yuan/ton, down 120 yuan/ton. Stock clinch a deal the average price in 12580 - at home 12620 yuan/ton. Today is aluminum fell sharply, the shipper of shipment is positive, the middlemen and downstream well pick up the goods, the market clinch a deal.
news both at home and abroad:
1, industry association, China metal extraction solution Chen Quanxun held on September 2 & other; China metal extraction solution industry association three dozen President conference & throughout; Revealed that in this year, the metal extraction solution industry overall has maintained a stable development momentum, present smooth production, market stability, efficiency improvement, etc.
2, guizhou provincial people's government and China aluminium co. , LTD. Signed the 'about cooperative development way's bauxite resource and aluminum oxide project strategic cooperation agreement'. According to the agreement, chinalco, zhunyi government investment platform and southwest mineral group will jointly financed, a mining & ndash; Alumina integrated joint venture, cooperative development way's bauxite resources, construction of alumina project cooperation.