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    Home > Chemicals Industry > New Chemical Materials > August 27 aluminum market afternoon review

    August 27 aluminum market afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Aluminum market summary: the US dollar index rose to put pressure, Shanghai aluminum main force fell slightly overnight, affected by the slowdown in global economic growth, multinational manufacturing PMI fell below the boom and bust line, the current market demand is weak, spot aluminum upward weakness
    .

    Aluminum City

    Aluminum fluctuated upward
    before noon of the month.
    In the morning, the transaction price of Shanghai Wuxi market was between 14280-14290 yuan / ton, and the opposite plate premium was between 30-40 yuan / ton, which was nearly 30 yuan / ton higher than the previous day, and the spot price in Hangzhou was between 14290-14310 yuan / ton, and after 11:00, the aluminum price continued to rise, and the spot in Shanghai and tin began to concentrate around 14300 yuan / ton, and the opposite plate rose between 20-40 yuan / ton
    。 Today's market supply is relatively sufficient, a large household led the receipt of more than 10,000 tons, the holder of shipments positive, but as the price of aluminum continues to rise, the willingness to ship before the afternoon has slightly converged, the middleman is active in pouring goods, and the willingness to receive goods has increased, and the trading of the two sides is acceptable
    .
    Downstream procurement is mainly on demand today, because some replenishment yesterday and today's aluminum price rise, there is no significant sign of
    receiving goods today.
    The overall transaction in East China today is acceptable
    .

    In the early afternoon, aluminum fluctuated upwards in the month
    .
    At the beginning of the opening, a small number of transactions were traded at 14290-14300 yuan / ton; Subsequently, the price of aluminum rose, and the market traded at 14300-14320 yuan / ton from 10:30 to 11:00, which rose by 45-50 yuan / ton in the month; After 11 o'clock, the spot price continued to follow the rise in the price of aluminum in the future, and the quotation was mostly concentrated in 14310-14340 yuan / ton, and the actual transaction price was 14310-14320 yuan / ton
    .
    Before the afternoon, the price difference between Guangdong and Shanghai gradually widened from flat water to 20 yuan / ton, and on the whole, today's aluminum ingot spot circulation in South China is dominated by traders' trading, and the downstream needs to be purchased, and the transaction is acceptable
    .

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