 Home > Chemicals Industry > New Chemical Materials > Consumption elasticity has not yet shown short-term Shanghai aluminum or narrow range shock

Consumption elasticity has not yet shown short-term Shanghai aluminum or narrow range shock

 Last Update: 2022-12-25
 Source: Internet
 Author: User

Tags

increased intraocular pressure

coal spot price

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

Today's Shanghai aluminum main month 2208 contract, opening 19,000 yuan / ton, the highest intraday 19,140 yuan / ton, the lowest 18,405 yuan / ton, settlement 19,020 yuan / ton, the end of the close to 18,485 yuan / ton, down 535 yuan, down 2.
81%.

Shanghai aluminum

Today, Lun aluminum straight down lower, LME three-month Beijing time at 15:01 at 2440 US dollars / ton, down 23 US dollars, or 0.
91%,
from the previous trading day's settlement price.

Today's Shanghai aluminum high rush, the market atmosphere is difficult to say optimistic, the off-season is approaching demand is becoming more and more cold, coupled with the supply-side production continues to rise and aluminum ingot destocking slows down for two consecutive weeks, Shanghai aluminum pressure margin weakened
.

In terms of the market, today's spot trading price of Yangtze River is 19020-19060 yuan / ton, down 140 yuan, discount 40-discount 0; Guangdong spot 18970-19030 yuan / ton, down 170 yuan, discount 90-discount 30; Hua reported 19060-19100 yuan / ton, down 140 yuan
.
Cargo holders raised and lowered prices and shipments, the willingness of receivers to purchase increased, trading activity increased, and the overall transaction volume increased
.

Domestic electrolytic aluminum supply in July rebounded steadily, long-term excess pressure was large, aluminum ingot social library for two consecutive weeks slowed down, downstream on-demand procurement transactions are general, consumption flexibility under policy support has not yet appeared, short-term Shanghai aluminum or narrow range shock, now aluminum or small rise
.

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.