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January 3 aluminum market brief commentary

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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acetone aluminum

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Aluminum market summary: the dollar index rebounded sharply, overnight Lun aluminum closed down $2 under pressure, the return of aluminum ingot social inventory after the holiday continued to accumulate, spot inventory inflection point began to appear in the short term to give pressure, it is expected that spot aluminum fell
today.

Aluminum opened the month with range-bound
volatility.
The transaction price of Shanghai and Wuxi market was traded between 14530~14550 yuan / ton, the premium of the month was between 140~150 yuan / ton, the transaction price of Hangzhou was concentrated between 14530~14540 yuan / ton, and the mainstream transaction price in East China fell by about
20 yuan / ton compared with the previous trading day.

Today's market circulation source is relatively tight, and there are not many brands, the relative circulation of larger brands such as Tianshan, Lanjiang, etc.
compared with Qiya, Yulin and other brands The price is around 20 yuan / ton, the shipment of the holder is acceptable, the middleman receives the goods more actively, the transaction between the two sides is more active, but the actual transaction is average
.
Due to the approaching weekend, there is a small amount of stock downstream, and the overall transaction in East China today is average
.

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