Daily review: today's prices edged back afternoon strong pattern remains the same
（ ） Domestic market: today Shanghai aluminum 1611 contracts opened 12495 yuan, main month low intraday high of 12510 yuan, 12320 yuan, close to 12420 in late, than the previous trading day down 10 yuan/ton. Downstream of the stock before active or continue to drive the prices this week to maintain a strong, today Shanghai aluminum back slightly, in the short term prices strong pattern unchanged, recommends that investors can maintain wait-and-see attitude first.
the spot market: today's spot price is 13200 - 13240 yuan/ton, flat; Guangdong south store at 12930 - 13030 yuan/ton, down 80 yuan/ton. China reported 13310 - 13330 yuan/ton, flat; Stock clinch a deal the average price in 13200 - at home 13240 yuan/ton. Today is aluminum stabilizing, hold shipment, shipper's price middlemen receiving cautious, the downstream enterprise on the sidelines is given priority to, the market volume was light.
news both at home and abroad:
1, Russian aluminum refers to, now the project is in & other; The feasibility study & throughout; Phase. At this stage, will conduct market research, trial production, testing and certification, and meet with potential customers, and can understand and help the Russian aluminum market potential and future sales, equipment needs and investment project engineer regarding the required range. The two sides will depend on the results and considering the implementation of the project.
2, although from 1 & ndash; In July, Australian bauxite supply rose 2. By 43% to 11. 65 million tonnes. But at the same time, Malaysia bauxite supply drop sharply compared to 46. By 84% to 5. 36 million tonnes. In July, guinea bauxite imports influenced by rainfall, this effect may continue until September.