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

    December 17 aluminum market noon review

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: the US dollar index fell sharply, and aluminum opened high overnight and rose 3.
    08%; The overall domestic electrolytic aluminum production is still running at a low level, while the destocking of aluminum ingots has accelerated significantly, and aluminum prices have been boosted.

    Aluminum City

    Coal continued to rise yesterday, Lun aluminum opened high and closed in Changyang, closing at $2681, and Shanghai aluminum rose sharply at the night high to close in Zhongyang, closing at 19515
    .
    Shanghai aluminum trading positions are rising, and market sentiment is more optimistic
    .
    Policy factors have led to inactive trading of Shanghai aluminum, but the fundamentals have improved, and the future market may continue to fluctuate upward with Lunaluminum aluminum
    .
    Upper pressure 22000, lower support 18500
    .

    This week's electrolytic aluminum social inventory fell by 42,000 tons from the previous Thursday to 910,000 tons, and the South China Sea, Shanghai, and Wuxi regions contributed the main decline, and in terms of varieties, some electrolytic aluminum plants have begun to prepare for the resumption of production, but the progress of resumption of production tends to be slow; On the consumer side, the operating rate of processing enterprises has generally remained stable, in terms of sectors, the downstream orders of plate, strip and foil, cable companies are relatively stable, the orders of aluminum alloy enterprises have increased to a certain extent, and the recent consumption is good, but the northern environmental protection problems still cause certain hidden worries to the start of downstream enterprises, and it is expected that aluminum prices will continue to maintain volatile operation
    .

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