 Home > Chemicals Industry > New Chemical Materials > January 8 aluminum market morning review

January 8 aluminum market morning review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

Tags

aluminum non ferrous

gallium aluminum

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market morning comment: overnight outer metal generally closed up, aluminum prices still pullback
.
The three-month aluminum price on the London Stock Exchange was as low as $2,013/ton, closing at $2,027/ton
.
Shanghai aluminum opened low and went higher overnight, and the main 2102 contract closed above 15484 yuan / ton
.

Aluminum City

In the morning spot market, the overall transaction is average, buyers and sellers are not very active, and downstream on-demand purchases
.
The mainstream trading price in Shanghai is around 15,550 yuan / ton, which is about 80 higher than futures
.
The mainstream transaction price in Guangdong is around 15600 yuan / ton
.

At present, the domestic and foreign economic optimism is strong, and aluminum prices have also been boosted
to a certain extent.
However, the trend of phased weakening of fundamentals is obvious, and the accumulation of stocks has an accelerated trend, which will continue to put pressure on aluminum prices, so it is inevitable
that aluminum prices will weaken.
The operation is recommended to be high and short operation
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.