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    Home > Chemicals Industry > New Chemical Materials > Inventories maintain a dematerialization trend Today's trend of Shanghai aluminum is strong

    Inventories maintain a dematerialization trend Today's trend of Shanghai aluminum is strong

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2007 contract opened at 12805 yuan / ton, the highest intraday 12890 yuan / ton, the lowest 12765 yuan / ton, settled 12825 yuan / ton, and closed at 12840 yuan / ton, up 40 yuan
    .
    Inventories maintain a dematerialization trend, today's Shanghai aluminum trend is strong, export orders may continue to decline, suppressing aluminum prices
    .

    Shanghai aluminum

    Today is the spring bank holiday, the London Metal Exchange (LME) is closed for one day, during which there is no market available
    .

    In terms of the market, today's spot trading price of Yangtze River is 13230-13270 yuan / ton, up 110 yuan; Guangdong South Reserve reported 13430-13490 yuan / ton, up 160 yuan; Hua reported 13350-13370 yuan / ton, up 110 yuan
    .
    The shippers are more active, the middlemen are acceptable, the downstream is replenished normally, and the overall transaction is flat
    .

    Industry news, National People's Congress deputy Shen Zhiqiang suggested to promote the high-end green and safe development of the aluminum industry and build a high-end aluminum base
    in Binzhou.
    After years of unremitting efforts, Binzhou has become an important aluminum base in China, with a number of national firsts and the world's best, Binzhou has won the reputation
    of "the world's aluminum industry looks at China, China's aluminum industry looks at Binzhou".

    Last week, Shanghai aluminum rushed back down and ran in shock.

    The social inventory of aluminum ingots fell by another 80,000 tons to 950,000 tons, and the spot premium fell back to about
    150 yuan.
    The import window of aluminum ingots continues to open, and imported aluminum ingots will flow in one after another, coupled with the acceleration of new production capacity in Sichuan, Yunnan and other places, market supply will rise
    .
    Bearish factors in the aluminum market are accumulating, but the warehouse receipt in the previous period is only 130,000 tons, and it is still necessary to be vigilant against the risk of
    forced positions.
    It is recommended to wait and see for the time being, or sell short at a high position, short-term operation is the mainstay, and continue to pay attention
    to the internal and external positive set.

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