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    Home > Chemicals Industry > New Chemical Materials > It is expected that next week's aluminum price volatility will be strong, and inventories will continue to deteriorate

    It is expected that next week's aluminum price volatility will be strong, and inventories will continue to deteriorate

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Domestic downstream aluminum demand continues to release, the operating rate of processing enterprises remains stable, strong demand drives inventory to continue to dematerialize, and the destocking range exceeds market expectations, short-term supply is tight, aluminum price momentum still exists, and the premium has strengthened
    in recent months.

    aluminium

    However, the possibility of a global secondary epidemic outbreak has increased, and market risk aversion has heated up; And the Shanghai-London ratio is higher, resulting in the opening of the import window and the suppression of aluminum exports; And the gradual release of electrolytic aluminum resumption capacity, supply will continue to rise, long-term pressure on aluminum prices will gradually increase
    .

    In terms of spot, today's purchase volume of a large household has increased compared with yesterday, with cargo holders actively shipping, middlemen receiving goods normally, and downstream on-demand procurement
    .
    Looking ahead to next week, aluminum prices are expected to be volatile and inventories will continue to deteriorate, but imports and resumption capacity have increased
    .

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