Day review: weekend short hedge away from today's prices rose slightly
（ ） Domestic market: today Shanghai aluminum 1609 contracts opened 12360 yuan, main month low intraday high of 12390 yuan, 12180 yuan, in late 12260, the previous trading day up to 55 yuan/ton. In short market hedge away over the weekend, today Shanghai aluminum rose slightly, aluminium prices again and again, the lack of good news in the short term support upside or limited, recommends that investors can keep first wait and see attitude.
the spot market: today's spot price is 12610 - 12650 yuan/ton, up 10 yuan/ton; Guangdong south store at 12850 - 12950 yuan/ton, up 10 yuan/ton; China reported 12720 - 12740 yuan/ton, up 10 yuan/ton; Stock clinch a deal the average price in 12610 - at home 12650 yuan/ton. Today is aluminum rose slightly, the shipper delivery enthusiasm increased, but the dealer will lower goods, downstream only just need to maintain, market clinch a deal.
news both at home and abroad:
1, the aluminum processing industry in China in 2015 sales revenue accounted for about one 5 of the sales, the industry as a whole metal extraction solution profits accounted for about one-third, but in the first half of this year construction profiles pressure increase gradually, the market is not optimistic. He said that at present the aluminum processing industry development of our country present three features: the overall stabilization, divide, silence inflection point.
2, under the huge investments recently, because of many enterprises for aluminum doors and Windows industry or a number of large aluminum doors and Windows companies continue to expand capacity, cause extrusion for aluminum doors and Windows market, industry growing, at the same time also brought excess capacity, aluminum doors and Windows enterprise faced with the superior bad discard cut-throat competition.