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    Home > Chemicals Industry > New Chemical Materials > Aluminum remains strong in the short term, and buyers and sellers are trading flat

    Aluminum remains strong in the short term, and buyers and sellers are trading flat

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    On Tuesday, the main 2008 contract of Shanghai aluminum opened at 13815 yuan / ton
    in the morning.
    The opening bulls took profits and fled, and the Shanghai aluminum weakened and touched 13755 yuan / ton
    .
    Shanghai aluminum bulls once again entered the market to pull up aluminum prices, Shanghai aluminum rose rapidly to touch 13845 yuan / ton, a small number of long positions closed at the end of the session, Shanghai aluminum closed at 13830 yuan / ton
    .
    The short-term shortage of high premium spot has promoted the price of Shanghai aluminum to continue to strengthen, but at the same time, it is worth noting that the weakening of new orders of downstream enterprises in the early short factor has appeared to a certain extent, and it is expected that the obvious impact will appear after mid-July, and short-term Shanghai aluminum still remains strong
    .

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1613 US dollars / ton
    in the morning.
    During the Asian session, London aluminum maintained a narrow range of oscillations before noon, with an amplitude of less than $5 / ton
    .
    In the afternoon, Lun aluminum weakened, touching a low of $1607/ton
    .
    At the end of the Asian market, Lun aluminum rebounded to repair the intraday decline and turned red, as of 15:00 Lun aluminum was reported at 1613.
    5 US dollars / ton
    .
    During the European session, Lun aluminum continued to strengthen, touching a high of 1622 US dollars / ton several times after maintaining a high level of volatility, as of 18:12 Lun aluminum reported 1618.
    5 US dollars / ton
    .
    Affected by the strengthening of domestic aluminum prices and the slow recovery of overseas demand, non-ferrous metals rose
    again in the day.
    In the evening, pay attention to the impact of the US Chamber of Commerce consumer confidence index on the US index in June, and it is expected that London aluminum will remain strong and fluctuating
    at a high level in the evening.

    In the spot market, aluminum fluctuated upward
    in early afternoon.
    The spot price in Shanghai is between 14140-14160 yuan / ton, the spot transaction price in Wuxi is between 14160-14180 yuan / ton, which is about 70 yuan / ton higher than the previous day, and the aluminum premium is between 160-180 yuan / ton, and the spot in Wuxi is relatively tight
    compared to Shanghai.
    A large account received nearly 20,000 tons of goods in East and South China within the day, and the transaction activity between traders was relatively general, the shipments of cargo holders were relatively active, and the trading of buyers and sellers was flat
    .
    Downstream intraday on-demand goods are mainly received, due to the sharp rise in prices, the willingness to buy goods is not high
    .
    The overall transaction in East China was acceptable
    .
    In the late afternoon, aluminum oscillated upward, and the price of the holder was around 14190 yuan / ton, and the premium on the plate was around 180 yuan / ton, only a small number of transactions between traders, and almost nothing
    downstream.

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