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Aluminum ingot social inventory continues to accumulate Shanghai aluminum shock operation

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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thermal shock test

aluminum cube

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Today's Shanghai aluminum main month 2111 contract, opening at 22960 yuan / ton, the highest intraday 23620 yuan / ton, the lowest 22725 yuan / ton, settlement 23450 yuan / ton, the end of the close to 22910 yuan / ton, down 540 yuan
.
Today's Shanghai aluminum shock rose in the morning, fell back in the afternoon, and Guizhou once again spread the news of limiting production, but thermal coal continued to fall by policy suppression, aluminum prices were under pressure, and aluminum ingot social inventory continued to accumulate, short-term aluminum prices fluctuated
.

Shanghai aluminum

Today's Lun aluminum volatility downward, LME three-month Beijing time at 15:01 at 3055 US dollars / ton, down 42 US dollars, or 1.
34%,
from the previous trading day's settlement price.

Today's spot trading price of Yangtze River is 23310-23350 yuan / ton, up 230 yuan; Guangdong South Reserve reported 23240-23300 yuan / ton, up 190 yuan; Hua reported 23370-23410 yuan / ton, up 220 yuan
.
The holder has a good price to ship, the receiver is bullish and bargain-hunting replenishment, the trading activity is better, and the overall transaction is
acceptable.

Overseas supply chains are tightening, supply and demand will remain weak in the fourth quarter, and due to the thermal coal price drop sentiment transmission, coupled with the continuous accumulation of aluminum ingot inventory, intraday Shanghai aluminum shock operation, bulls panic exit aggravated the decline of Shanghai aluminum, spot aluminum prices or pullback
.

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