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    Home > Chemicals Industry > New Chemical Materials > Brief review of the aluminum market on April 25

    Brief review of the aluminum market on April 25

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Aluminum market review, Wednesday Shanghai aluminum opened at 14125 yuan / ton in the morning, the opening of the long position increased sharply, the opening 15 minutes of the long net increase of 4662 lots, the bears once tried to enter the market to suppress but unexpectedly overtaken by the bulls, the morning market trend is stronger, the morning trading session closed at 14170 yuan / ton, there is a sideways trend at the end of the session; In the afternoon, the short took the opportunity to increase a large number of positions, but the market continued to rebound strongly after a slight pullback, the bulls chased after the victory, the highest touched the 14200 yuan / ton mark, and the short position at the end of the session closed at 14190 yuan / ton, up 110 yuan / ton from last Friday, up 0.
    78%.

    Aluminum City

    South China South China aluminum ingot quotation 14100-14200 yuan, the average price of 14150 yuan, down 50 yuan, the month discount of 10 yuan, the futures price pullback, the holder lowered the price shipment, downstream procurement has improved, traders wait-and-see, the transaction is not ideal, the mainstream transaction price is concentrated between 14120-14140 yuan, compared with the average price of South China South China premium -30~-10 yuan
    .

    Nanchu East China aluminum ingot quotation 14130-14170 yuan, the average price of 14150 yuan, down 50
    .
    Yangtze River: 14140-14180, 14160 down 50
    .
    Holders maintain enthusiasm for shipments, and the market circulation is abundant, but the receivers receive goods at a low price, and the downstream is still dominated by rigid demand, and the overall transaction is general
    .
    The transaction price is between 14120-14150 yuan, which is a premium of
    -30~0 yuan compared with the average price of South Reserve East China.

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