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    Home > Chemicals Industry > New Chemical Materials > Brief review of the aluminum market on August 12

    Brief review of the aluminum market on August 12

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main 1910 contract opened at 13930 yuan / ton in the morning, the first trading range long increased sharply in the afternoon, and increased the position of more than 10,000 hands in half an hour, pushing up the aluminum price to break through the upper 10,000 yuan mark, touching a high of 14,040 yuan / ton, the second trading range aluminum price fell back to 14,000 yuan / ton hovered, aluminum continued to rise in the late afternoon, all the way up
    .

    South China South China aluminum ingot quotation 13920-14020 yuan, the average price of 13970 yuan, up 40 yuan, the monthly premium of 45 yuan, the futures price is strongly pulled, traders tentatively receive goods, the market price is very willing to ship, supply and demand stalemate, the overall transaction is flat, the mainstream transaction price is concentrated between 13960-13990 yuan, compared with the average price of South China South China premium -10~20 yuan
    .

    Nanchu East China aluminum ingot quotation 13940-13980 yuan, the average price of 13960 yuan, up 20
    .
    Yangtze River: 13920-13960, 13940, flat
    .
    Traders in the morning market shipped goods steadily, the spot transaction price was concentrated between 13940-13950, the second trading session, the spot transaction price was raised, the holders held up the price and shipped obviously, the market circulation supply is still sufficient, and the overall transaction is acceptable
    .
    The transaction was mainly concentrated between 13940-13980 yuan, which was -20~20 yuan higher than the average price of South China East China
    .

    Today's market rumors that a large aluminum plant was flooded due to a typhoon, market sentiment heated up, bulls in the long-term consumption season expectations are good, waiting for the opportunity to enter the operation, but according to SMM research to understand that the actual impact of the electrolytic aluminum plant is limited, it is expected that this wave of rally is a change in news, pay attention to tomorrow's market sentiment changes
    .

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