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    Home > Chemicals Industry > New Chemical Materials > December 17 aluminum market morning review

    December 17 aluminum market morning review

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Aluminum market early comment: Shanghai aluminum main 01 contract closed at 19205 yuan / ton on Thursday, up 1.
    29%
    from the previous trading day.

    Aluminum City

    On the macro front, the Fed's interest rate meeting decision landed, which was generally in line with expectations, and market worries were released
    .
    From a fundamental point of view, the operating rate of downstream processing enterprises has recovered, the operating rate of aluminum cable enterprises will further weaken in the short term, and the profile as a whole still has downward space
    .

    As it has entered the year-end off-season, the short-term growth of aluminum demand is limited, and it is necessary to be vigilant against the risk of
    aluminum price correction.
    In addition, the supply side still needs to pay attention to whether the Winter Olympics will cause production
    cuts.
    Strategically, short-term operations are still recommended to be mainly interval operations; In the long run, based on the market's current expectations for the completion of real estate next year and the alleviation of the shortage of automobile "cores", it is appropriate to bargain and make more orders
    .

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