 Home > Chemicals Industry > New Chemical Materials > Brief comment on the aluminum market on March 5

Brief comment on the aluminum market on March 5

 Last Update: 2022-12-15
 Source: Internet
 Author: User

Tags

aluminum binder

aluminum trichloride

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market review: On Tuesday, the main monthly 1905 contract of Shanghai aluminum opened at 13665 yuan, the intraday high was 13680 yuan, the low was 13480 yuan, and the end of the day closed at 13570, down 140 yuan / ton
from the previous trading day.
Rusal expects to produce 3.
8 million tons of aluminum this year, and the supply pressure in the aluminum market still exists, and Shanghai aluminum has fallen sharply, and it is expected that the decline space will be limited
in the short term.

Aluminum City

The price of South China aluminum ingots in South China is 13660-13760 yuan, the average price is 13710 yuan, up 30 yuan, and the discount for the month is 30 yuan, the circulation supply is abundant, the demand side is conservative, the cargo holder adjusts the price and shipments, and the transaction is weak
.
The mainstream transaction price is concentrated between 13690-13720 yuan, which is -20~10 yuan
higher than the average price of South China Reserve.

Nanchu East China aluminum ingot quotation 13680-13720 yuan, the average price of 13700 yuan, up 60
.
Trading among traders turned weak, receiving companies mainly inquired about prices and wait-and-see, and holders slightly raised prices to ship, and the overall transaction was average
.
The transaction price is around 13690-13700 yuan, which is a premium of -10~0 yuan
compared with the average price of South Reserve East China.

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.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

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.