Aluminum: Recently, under the circumstance that the macro-negative temporarily subsided, the improvement of fundamentals and the continuous going to the warehouse gave the aluminum price a rebound momentum. In addition to the normal order demand, quarterly settlement also stimulated some consumption, and the national aluminum social inventory returned to about 1.1 million tons. At present, the traders are generally optimistic about the demand of aluminum market in the second quarter, so it is relatively active in purchasing, and it is expected that the short-term aluminum price will fluctuate strongly.
Zinc: Although the price of zinc rose steadily, traders followed the market, and the downstream manufacturers were not enthusiastic about purchasing, and the wait-and-see mood was still strong. They basically maintained on-demand purchasing, and most of the transactions came from the contributions of traders, and the overall market transactions were average.
Stainless Steel: The stainless steel market is as unstable as the weather. Yesterday, the market just wanted to ignite the rising trend. Manufacturers took advantage of the low price increase to warm up their purchasing mood, but this morning, it was suppressed again. Large steel mills lowered the purchasing price of scrap by 200 yuan/ton, and the bargaining atmosphere in the market turned cautious, so it is difficult for the market to get rid of its weakness for the time being. (Analyzed by LTIT)
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