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    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai aluminum on August 27

    Brief review of Shanghai aluminum on August 27

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum shock is weak, as of the close of 3 pm, the main 2010 contract of Shanghai aluminum closed down at 14555, down 5, or 0.
    03%.

    Shanghai aluminum

    In terms of spot, the mainstream spot trading price in Shanghai, Wuxi and Hangzhou markets is concentrated between 14750-14790 yuan / ton, and the spot price rises 20-60 yuan / ton
    .

    In terms of inventory, the latest inventory of LME aluminum was 1,563,300 tons, down 4,075 tons from the previous trading day; The aluminum warehouse receipt of the previous period was 135525 tons, down 2497 tons
    from the previous trading day.

    General Administration of Customs, China's primary aluminum imports in July 2020 were 184,600 tons, an increase of 49.
    52%
    month-on-month.
    In July 2020, China exported 25,000 tons of alumina and imported 417,300 tons
    .

    At present, the market still has certain expectations for the peak season of gold, silver and ten, while the overall accumulation volume in the off-season under the current accumulation speed is limited, and the support of low inventory on aluminum prices is still very strong; However, due to the high smelting profit, aluminum enterprises are also increasing, in the short term domestic supply and demand may further weaken, Shanghai aluminum continued volatility trend probability is large, the main force continues to pay attention to the range of 1.
    45-14,800 fluctuations
    .

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