echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > August 5 Shanghai aluminum brief comment

    August 5 Shanghai aluminum brief comment

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today's aluminum prices continued to fluctuate at a high level, as of the close of 3 pm, the main 2109 contract of Shanghai aluminum closed up at 19765, up 15, or 0.
    08%; On the plate, Shanghai aluminum has always maintained a narrow range of oscillations in recent days, and the overall fluctuation range is small, and the downward trend has gradually stopped
    .

    Shanghai aluminum

    In terms of fundamentals, it is reported that the power rationing requirements in Guangdong have been strengthened again in recent days, and the restricted production capacity in Yunnan, Guangxi and other places has not been eased, and the supply side continues to be tight; The dematerialization of domestic inventories continues, and the short-term support for spot prices is still strong; The main force pays more attention to the range of 1.
    96-19,900, and the pressure above 20,000 still exists
    .

    At present, due to the continuous spread of the epidemic, transportation in many regions has been blocked, and some large manufacturers have said that truck drivers need to hold a valid nucleic acid test before entering and unloading goods, and the freight has been increased; Short-term operation can be replenished on demand at the low, middlemen fast forward and fast out, it is expected that tomorrow's spot aluminum will continue to stabilize the market, and the overall fluctuation is not large
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.