Daily review: non-farm dismal aluminum market clinch a deal
（ ） Domestic market: today Shanghai aluminum 1608 contracts opened 11990 yuan, main month low intraday high of 12000 yuan, 11720 yuan, in late 11780, the previous trading day down 180 yuan/ton. Friday's non-farm accidental data is pale and trigger a financial market volatility, today Shanghai aluminum fell sharply, the lack of good news to support prices afternoon upside or limited, suggest that empty single continued to hold.
the spot market: today's spot price is 12460 - 12500 yuan/ton, up 30 yuan/ton; Guangdong south store at 12400 - 12500 yuan/ton, flat; China reported 12570 - 12590 yuan/ton, up 30 yuan/ton; Stock clinch a deal the average price in 12430 - at home 12470 yuan/ton. Today is aluminum rose slightly, the shipper of shipment, but downstream wait receiving mood is low, the overall deal in general.
news both at home and abroad:
1, the citigroup report, the Russian aluminium ( 00486. 香港) Rating to & lsquo; Sell & rsquo; , the target price cut to 1. 9 yuan. The bank response to rising oil prices and increase the Russian ruble exchange rate forecast to 64, 2017. Six to the dollar, while lowering prices forecast by 1% in 2017 to $1520 per ton.
2, a called & other; The global high purity alumina market research report & throughout; Notes: from high demand in the field of LED and display will be 2015 - 2021 and promoting development. , according to a report in 2014 global high purity alumina market is worth $1. 2 billion, and forecast period compound annual growth rate for 6. 9%, is expected to reach $3. 6 billion by the end of 2021.