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5 and 29 aluminum market afternoon review

 Last Update: 2022-12-16
 Source: Internet
 Author: User

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Aluminum market summary: the rise of the US dollar index inhibits the rebound of aluminum prices, overnight Lun aluminum shock after the end of the close up of $1, the market expects that the domestic will further introduce economic stimulus measures to promote investor sentiment recovery, it is expected that aluminum is stable
.

Aluminum City

Aluminum futures fell at the beginning of the month, and maintained range volatility
in the second trading stage.
Shanghai transaction price is between 14210-14220 yuan / ton, the price is down 60 yuan / ton from the previous day, for the month flat water ~ premium 20 yuan / ton, Wuxi spot transaction price is between 14210-14220 yuan / ton, Hangzhou transaction price is between
14240-14260 yuan / ton.
Today's market is well stocked, cargo holders are still active in shipments, and traders and intermediaries are actively
trading.
Although spot aluminum prices have fallen for two consecutive days, the downstream is still dominated by just need to purchase, holding a wait-and-see attitude towards aluminum prices, and the enthusiasm for receiving goods is basically the same
as yesterday.
Today, the overall transaction in East China is average
.

In the early afternoon aluminum fell significantly in the month, today's Guangdong transaction price concentrated in 14300-14310 yuan / ton, Guangdong-Shanghai price difference fell back to around 90 yuan / ton, the next month ticket transaction is the mainstay
.
Today's trading among traders has improved slightly, and it is still more and less out; Local downstream processing enterprises are mostly wait-and-see or mainly purchase just in demand, and the receiving force is average
.
Overall, today's spot trading of aluminum ingots in South China is flat
.

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