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Aluminum Corporation of China Limited October 14, 2024 Aluminum Ingot (AL99.70) spot price in various regions rose on the previous trading day (10.11), as follows:
The external price of the East China market was 20,740 yuan/ton, up 40 yuan/ton; The external price of the South China market was 20,560 yuan/ton, up 20 yuan/ton; The external price of the southwest market was 20,670 yuan/ton, up 10 yuan/ton; The external price of the Central Plains market was 20,710 yuan/ton, up 40 yuan/ton. On October 14, 2024, the nickel inventory of the Shanghai Futures Exchange was 23,516 tons, an increase of 399 tons from the previous trading day.Among them, the inventory in Shanghai was 17,163 tons, an increase of 399 tons; The inventory in Jiangsu was 5,012 tons, with no increase or decrease; The inventory in Zhejiang was 1,341 tons, with no increase or decrease. National Grain and Oil Information Center news on October 14: First, more than half of the soybean harvest in United States, the bumper yield pattern has been determined, the rainfall in Brazil has improved, the sowing has accelerated, and it is expected that the price of US beans will be weak in the short term, which will be bearish for domestic soybean meal prices.Second, although the domestic soybean meal inventory has declined since September, it is still at a high level of more than 1.2 million tons in early October, which will suppress the domestic soybean meal price.On the whole, it is expected that the price range of domestic soybean meal will fluctuate in late October, and we will pay attention to the subsequent arrival of imported soybeans and the start-up of oil mills. The average price of 1# antimony ingot in Hunan was 152,000 yuan/ton, and the average price of 0# antimony ingot was 153,000 yuan/ton, which was flat.The average price of 50% antimony concentrate in Hunan was 129,750 yuan/ton, flat.European strategic small metal antimony ingot (99.65%) was quoted at 25,450 US dollars / ton, flat.The domestic spot market has recently fallen slightly, the market trading on the demand side is slightly cold, the downstream maintains on-demand procurement, and the antimony ingot market is dominated by a high-level consolidation trend in the short term. According to the statistics of Japan customs, the total import volume of ferrosilicon (≦55%) in Japan in August 2024 was 569.28 tons, an increase of 0.32% month-on-month and a year-on-year decrease of 33.61%, of which the top two importers Japan of ferrosilicon in August were mainly from China 470 tons and Norway 59.28 tons.From January to August 2024 Japan total imports of ferrosilicon (≦55%) were 6,589.18 tons, a year-on-year decrease of 33.61%.According to Japan customs statistics, in August 2024, the total import volume of ferrosilicon (>55%) in Japan was 24,607.88 tons, a decrease of 21.67% month-on-month and an increase of 36.38% year-on-year.Among them, the top three importers of ferrosilicon in Japan in August mainly came from China 10359.82 tons, Brazil 5169.10 tons, and Malaysia 4848.12 tons.From January to August 2024 Japan total imports of ferrosilicon (>55%) were 227,135.10 tons, a year-on-year decrease of 3.78%.