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    Home > Chemicals Industry > New Chemical Materials > After the sharp fall in industrial products, the adjustment is mainly Tomorrow's aluminum prices will fall or remain flat

    After the sharp fall in industrial products, the adjustment is mainly Tomorrow's aluminum prices will fall or remain flat

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    Today, the average price of nonferrous aluminum in the Yangtze River rose 30 to 11470, and the average price of nonferrous aluminum in the South China Sea rose 50 to 11820
    .
    Shanghai aluminum spot monthly contract 1604 opened at 11470, the highest 11615, the lowest 11430, closed at 11510, up 40 or 0.
    35%.

    As of press time, the London aluminum telegram was 3 at 1483.
    50, and the dollar index was at 96.
    28
    .

    Shanghai aluminum

    News side: 1.
    Li Keqiang: The RMB will remain stable at a reasonable and balanced level, and the RMB will not depreciate for
    a long time.
    We will promote the marketization of the exchange rate in accordance with the principle of initiative and gradualism, and will never stimulate exports
    through depreciation.

    2.
    On Tuesday afternoon, the relevant regulatory authorities in Shanghai convened a meeting of banks to investigate and deploy
    the latest real estate policies (bank credit related parts).
    There are the following three points: First, the discount on mortgage interest rates is uniformly increased to a minimum of 9%.

    Second, implement the policy
    of "recognizing housing but not recognizing loans".
    Third, in the two-house policy, a strict distinction is made between ordinary and non-ordinary housing
    .
    The minimum down payment for a loan for an ordinary second house is 50%, and the minimum for a non-ordinary second house is 70%.

    3.
    On March 24, the Bureau of Statistics released market price statistics of 50 important production materials in 9 categories in mid-March, and the data showed that the price of aluminum ingots in mid-March was 11306.
    2 yuan / ton, up 122.
    7% from early March and 1.
    1%
    month-on-month.

    Tomorrow's aluminum price analysis: the market news during the domestic market session is flat, and the overall overnight sharp decline of industrial products is mainly
    adjusted.
    Black series and chemicals continued to fall collectively, and non-ferrous metals as a whole fluctuated sideways
    .
    Shanghai aluminum performed strongly, once soaring higher during the session, and fell
    sharply after midday.
    Overall continues to trade
    sideways around 11500.
    Tomorrow's aluminum prices are expected to fall or remain flat, for reference
    only.

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