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    Home > Chemicals Industry > New Chemical Materials > Domestic news is not good, Shanghai aluminum can not act enough

    Domestic news is not good, Shanghai aluminum can not act enough

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
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    The performance of the U.
    S.
    manufacturing industry exceeded expectations to push the market sentiment to a climax, overnight base metals rose across the board, London aluminum closed up $7, domestic news is not good Shanghai aluminum on the momentum or insufficient, it is expected that aluminum will rise slightly
    .

    Shanghai aluminum

    U.
    S.
    manufacturing data is now showing signs of stabilization, overnight commodity market sentiment was boosted, base metals rose across the board, Lun aluminum closed up $7 in late trading, the latest quotation was $1579, an increase of 0.
    45%; Today's Shanghai aluminum opening is mixed, the current month 1603 contract opened at 11175 yuan, down 5 yuan, 9:20 Shanghai aluminum 1603 contract latest price is 11140 yuan, down 40 yuan; Domestic news is not good, Shanghai aluminum upward momentum or insufficient momentum, is expected to consolidate within the day
    .

    The latest inventory of London Metal Exchange (LME) 1-day aluminum was 2,755,600 metric tons, down 5,225 metric tons from the previous trading day's inventory, and the latest inventory of aluminum alloy was 16,100 metric tons, unchanged
    from the previous trading day's inventory.

    Yesterday's domestic spot aluminum prices fell, AOO aluminum ingots reported 11070 yuan - 11110 yuan / ton, the average price was 11090 yuan / ton, down 90 yuan / ton, Chinalco East China AOO aluminum ingots reported 11210 yuan / ton, down 60 yuan / ton; The poor domestic manufacturing data released yesterday has once again clouded the outlook for domestic metal demand, and Shanghai aluminum is now adjusting pressure after the previous continuous rise, and spot aluminum is expected to be slightly revised up today
    .

    In 2015, the national electrolytic aluminum output was 31.
    41 million tons, a year-on-year increase of 8.
    43%, Shandong 8.
    06 million tons ranked first in the country, Xinjiang and Henan ranked second and third, of which Henan, Qinghai, Ningxia and Shanxi were negative growth
    .
    The output of the top ten provinces and regions accounted for 89.
    74%
    of the national total.
    In 2015, the national aluminum output was 52.
    36 million tons, a year-on-year increase of 8.
    99%.

    The output of the top ten provinces accounted for 80.
    12% of the total total, of which Guangdong decreased by 6.
    68% year-on-year, and the other 9 provinces and regions maintained steady growth
    .
    Aluminum processing capacity is built around the consumption place and raw material supply place
    .

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