Volume was light day review: aluminium pressure downward market
（ ） Domestic market: today Shanghai aluminum 1611 contracts opened 12030 yuan, main month low intraday high of 12045 yuan, 11910 yuan, in late 11960, the previous trading day down 75 yuan/ton. As the Mid-Autumn festival approaching, domestic investors have leave early, thin trading, today Shanghai aluminum fell slightly, from the point of trend, long-short weaving patterns do not change the market at present, but is expected to fall is limited.
the spot market: today's spot price is 12550 - 12590 yuan/ton, down 100 yuan/ton. Guangdong south store at 12470 - 12570 yuan/ton, down 100 yuan/ton. China reported 12660 - 12680 yuan/ton, down 100 yuan/ton. Stock clinch a deal the average price in 12550 - at home 12590 yuan/ton. Today is aluminum fell sharply, the shipper of shipment, but downstream keep on-demand procurement is given priority to, the market volume was light.
news both at home and abroad:
1, the foreign media on September 12, say guinea in west Africa is aluminous industry star, this a little too much. Just two years ago, the west African nation of guinea supply of bauxite in China also is almost zero, but is expected next year, the west African country will overtake Australia as China's largest source of bauxite.
2, electrolytic aluminum industry in & other; Of the acquisition & throughout; It is specifically mentioned. Said the two sides due to the global economic recovery is slow and weak market demand, excess capacity increasing, the electrolytic aluminium industry become a global problem, requires a collective response.