Shanghai aluminum market index was focused on volatility after high-open, and rose volatility in the afternoon . Contract 1106 closed by 16,835 points in the afternoon, up by 45 points or by 0.27%. Transaction at 16,820 to 16,895 positions decreased by 2,112 hands, turnover decreased by 2,000 hands to 14,000 hands over yesterday’s.
In Spot market, the Yangtze Aoo aluminum transaction prices: 16,570-16,610 RMB / T, up by 20 RMB / T; Shanghai Aoo aluminum ingot transaction price: 16,550-16,580 RMB / T, up by 15 RMB / T. Guangdong Nanchu Aoo aluminum ingot transaction price: 16,550-16,650 RMB / T, up 20 RMB / T.
Today, domestic scrap alunminum kept in line with yesterday’s. In scrap aluminum market ,there is nothing obvious that Japan’s nucleaer power problem triggered the rising of the cost, and the scrap aluminum price easily increased. The market volume is general with merchants and lower manufacturers kept their trade cautious. Latest price: shred tense: 16000 RMB/T, shred taint :13000 RMB/T.