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    Home > Chemicals Industry > New Chemical Materials > December 29 Shanghai aluminum brief comment

    December 29 Shanghai aluminum brief comment

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    At noon today, the Shanghai aluminum plate bottomed out, and as of the close of 3 pm, the main 2202 contract of Shanghai aluminum closed up at 19910, up 150, or 0.
    76%.

    Shanghai aluminum

    Yesterday, the second day of the LME Christmas holiday, the internal aluminum price fluctuated slightly upward, the spot discount narrowed, the downstream receiving sentiment was acceptable, and there was still support
    below the short-term aluminum price.

    Near the end of the year, domestic inventories maintained dematerialization to support aluminum prices, but the destocking range has slowed down in recent days, on the one hand, downstream consumption is slightly sluggish, and on the other hand, the arrival volume in various places at the end of the year has also decreased, and the frequent outbreak of the epidemic has interfered with the supply and transportation of raw materials; Looking at the subsequent supply and demand situation, the weak supply under the dual control of energy consumption is still expected, short-term aluminum prices will continue to operate at a high level of shock, and the Shanghai aluminum night market may have the opportunity to break through the 20,000 mark, but it is difficult to stand firm, and there is still a possibility of falling; Operationally
    , it is recommended that downstream replenish as small amounts as needed.

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