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    Home > Chemicals Industry > New Chemical Materials > Aluminum ingot social library has accumulated Aluminum prices began to fall

    Aluminum ingot social library has accumulated Aluminum prices began to fall

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2110 contract, opening at 23135 yuan / ton, the highest intraday 23240 yuan / ton, the lowest 22645 yuan / ton, settlement 23190 yuan / ton, the end of the close to 22725 yuan / ton, down 465 yuan
    .
    Today's Shanghai aluminum trend is weak, the recent market continues to focus on the impact of power rationing and dual control of energy consumption, but this impact extends to the consumer side, and the tightening of real estate policies, superimposed on the accumulation of aluminum ingot social treasury, aluminum prices began to fall
    .

    Aluminum prices

    Today's Lun aluminum shock closed negative, LME three-month Beijing time at 15:01 at 2891 US dollars / ton, down 38 US dollars, or 1.
    28%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 22910-22950 yuan / ton, up 10 yuan; Guangdong South Reserve reported 22920-22980 yuan / ton, down 10 yuan; Hua reported 22960-23000 yuan / ton, up 10 yuan
    .
    Holders actively adjust prices and sell goods, and receivers purchase low-priced sources on demand, the transaction situation is not good, and the transaction activity is quiet
    .

    In terms of news, the domestic real estate policy is tightened, while the next round of reserve dumping has an impact on market sentiment, and the State Council will once again propose to stabilize commodity prices, superimposed aluminum ingots weekly social treasury has accumulated, Foshan, Gongyi, Wuxi and other places contributed the main increment, now aluminum or fall.

    In terms of inventory, the domestic social treasury has accumulated again, and domestic aluminum prices may be dragged down to a certain extent; LME inventories, on the other hand, fell sharply and were at their lowest level
    in more than six months.
    On the whole, with the tightening of the dual-control policy, and the approach of the dry period and heating season, the expectation of supply-side constraints is still continuing, and aluminum prices are still prone to rise and fall
    .

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