Daily review: prices continue to go up but need to beware of falling
（ ） Domestic market: today Shanghai aluminum 1612 contracts opened 12695 yuan, main month low intraday high of 12815 yuan, 12660 yuan, close to 12765 in late, than the previous trading day up 130 yuan/ton. Indonesia does not relax bauxite export bans or cut aluminum market supply, supported aluminium, today Shanghai aluminum rose sharply, but the afternoon is hard to exceed 13000 yuan, a higher need to beware of falling.
the spot market: today's spot price is 13330 - 13370 yuan/ton, up 10 yuan/ton; Guangdong south store at 13470 - 13570 yuan/ton, up 30 yuan/ton; China reported 13440 - 13460 yuan/ton, up 10 yuan/ton; Stock clinch a deal the average price in 13360 - at home 13400 yuan/ton. Today is aluminum rose slightly, the shipper is still active in delivery now, middlemen hands, downstream on-demand procurement is given priority to, the market clinch a deal.
news both at home and abroad:
1, Jakarta on October 12, news, Indonesia's mining minister said on Wednesday, Indonesia & quot; Almost certainly & quot; Won't loosen nickel and bauxite ore export bans, the country's mining rules modification are discussed. Deputy secretary of mining Luhut Pandjaitan told reporters: & other; If we can be in the domestic processing, why want to exit? ”
2, in recent years, with the improvement of casting technology in China and the improvement of casting quality, casting industry in China is becoming more and more accepted and appreciated by foreign enterprises, constantly have new casting orders to follow, the output of aluminum alloy die casting in our country is rising year by year, with the flourishing development of overseas trade and the foundry industry.