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    Home > Chemicals Industry > New Chemical Materials > Downstream wait-and-see sentiment aggravated short-term Shanghai aluminum will continue to fluctuate

    Downstream wait-and-see sentiment aggravated short-term Shanghai aluminum will continue to fluctuate

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2112 contract, opening at 19650 yuan / ton, the highest intraday 20495 yuan / ton, the lowest 19550 yuan / ton, settlement 20235 yuan / ton, the end closed at 20025 yuan / ton, down 210 yuan
    .
    Today's Shanghai aluminum low volatility, the implementation of domestic power rationing policy is becoming stricter, electrolytic aluminum production reduction is further expanded, superimposed coal prices continue to pullback, cost support weakened, and downstream wait-and-see sentiment is aggravated, short-term aluminum prices will continue to fluctuate
    .

    Shanghai aluminum

    In the external market, today's high level of Lun aluminum retreated, and the LME three-month Beijing time was reported at 2715 US dollars / ton at 15:01, down 18 US dollars, or 0.
    68%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 20210-20250 yuan / ton, up 40 yuan; Guangdong South Reserve reported 20240-20300 yuan / ton, up 60 yuan; Hua reported 20270-20310 yuan / ton, up 40 yuan
    .
    The cargo holder actively shipped, the receiver demand was general, the transaction was poor, and the overall transaction was average
    .

    Industry news, the White House announced on October 30 that it has reached an agreement with the European Union on steel and aluminum tariffs, and the steel and aluminum tariff dispute between the two sides from the Trump administration will come to an end
    .
    The U.
    S.
    side said that the "Section 232" tariffs will not be completely eliminated, but will allow some steel and aluminum products from Europe to enter the United States without paying tariffs
    .

    At present, Gansu Sichuan has opened power rationing measures, silver nonferrous metals and other refineries are within the scope of influence, superimposed on the arrival of the dry season in Yunnan, so that the local refinery electricity space is under pressure, the supply of electrolytic aluminum continues to be limited, and the downstream is also limited by electricity constraints and the northern environmental protection policy is becoming stricter, the purchase of raw materials is mainly based on rigid demand, and the spot aluminum price or rise and fall is limited
    .

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