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    Home > Chemicals Industry > New Chemical Materials > August and October Shanghai aluminum noon review

    August and October Shanghai aluminum noon review

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14845 yuan / ton, after the opening of the bulls entered the market to continue to push up the price of aluminum, the high touched 14885 yuan / ton, but the lack of further news stimulus, the upper pressure is greater, after the short entry, Shanghai aluminum pullback, down to touch 14775 yuan / ton, the afternoon closed at 14825 yuan / ton
    .
    The night session opened at 14835 yuan / ton, after the opening of the bears continued to enter, and then the long position closed and killed more, Shanghai aluminum pullback low touched 14585 yuan / ton
    .
    At the end of the session, it closed at 14630 yuan / ton, down 195 yuan / ton, or 1.
    32%.

    Shanghai aluminum

    In terms of spot, Yangtze River Nonferrous 14650 yuan / ton, up 350 yuan / ton; Shanghai trade 14660 yuan / ton, up 360 yuan / ton; Shanghai trade premium report -40 yuan / ton, discount narrowed 10 yuan / ton
    .
    Spot transactions show that Shanghai trading concentrated 14630~14660 yuan / ton, the discount for the month was 40~30 yuan / ton, Wuxi transaction concentrated 14620~14660 yuan / ton, Hangzhou transaction concentrated 14640~14660 yuan / ton
    .
    Holders are active in shipments, but the attitude of price is also relatively firm, spot maintains a slight discount, individual large households maintain enthusiasm for receiving goods, other middlemen cautiously receive value-preserving goods, spot prices increased by more than 300 yuan / ton compared with yesterday, downstream enterprises can not accept high prices, only according to just need to purchase, the overall transaction fell compared with yesterday
    .

    Alcoa Australia alumina plant recruits temporary workers, the actual production impact is small, the bulls sentiment lacks further support, and aluminum prices pullback
    .
    It is expected that today's Shanghai aluminum operation is 14600~14800 yuan / ton, and the discount is 50~10 yuan / ton
    .

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