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    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai aluminum on August 24

    Brief review of Shanghai aluminum on August 24

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum volatility higher, the main 1810 contract closed up 0.
    82% at 14790, up 120 from the previous trading day; Fueled by the continued rise in costs, aluminum prices have been firm, and strike negotiations between Alcoa and workers have continued, which is more likely to be strong in the short term, and Shanghai aluminum is expected to break through the 15,000 pressure level
    .
    In addition, the uncertainty of Sino-US trade frictions may curb the rise and continue to pay attention to the follow-up development of
    the Sino-US trade war.
    It is expected that aluminum prices will rise mainly next Monday
    .

    Shanghai aluminum

    Today's South China South China aluminum ingot quotation 14710-14810 yuan, the average price of 14760 yuan, up 70 yuan, downstream fear of heights, the market is mostly ship-based, the flow of goods is not smooth, then futures higher, wait-and-see mood becomes stronger, the overall transaction is flat
    .
    The mainstream transaction price is concentrated between 14760-14800 yuan, which is 0~40 yuan
    higher than the average price of South China Reserve.

    Today's Nanchu East China aluminum ingot quotation is 14580-14620 yuan, the average price is 14600 yuan, up 40
    .
    Yangtze River: 14600-14640, 14620 up 50
    .
    The basis widened slightly, the receiver received the goods positively, the holder was slightly reluctant to sell, the futures rose before the afternoon, the spot price was raised, and the transaction was
    acceptable.
    The transaction price is 14600 yuan ~ 14630 yuan, which is 0~30 yuan
    higher than the average price of South Reserve East China.

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