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    Home > Chemicals Industry > New Chemical Materials > January 8 aluminum market noon comment

    January 8 aluminum market noon comment

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Aluminum market summary: the dollar index rebounded sharply, overnight Lun aluminum closed down $14 under pressure, profits can be considerable to boost smelter production willingness, southwest some new capacity projects are put into operation, today aluminum material fell
    slightly.

    Aluminum City

    Aluminum rose before noon of the month
    .
    Shanghai and Wuxi market transaction price between 14430 ~ 14450 yuan / ton, the current month premium between 80 ~ 100 yuan / ton, Hangzhou transaction price concentrated between 14430 ~ 14450 yuan / ton, East China mainstream transaction price compared with the previous transaction day is basically the same, in terms of brands, Weiqiao, Qiya is better than Tianshan Lanjiang and Hope, etc.
    , today Shanghai and Xi transaction is better than Hangzhou
    .
    East China's market today is more abundant in supply, holders are more active in shipments, middlemen are also active, the two sides traded well, and the actual transaction was better than the previous two days
    .
    The downstream receiving status today has also improved compared with the previous two days, and there is some stocking, but it is expected that the active procurement status will not be sustainable
    in the future.
    East China has a good overall transaction today
    .

    Domestic consumption weakened significantly, and production continued to recover, but the contribution of new capacity was still limited, coupled with the tight capacity before the holiday, the market received less goods, and the accumulated amount was not large, resulting in limited pressure on prices
    .
    As the operating capacity continues to rise, the price is under greater pressure in the later period
    .
    In the medium term
    , it is recommended to sell short far month contracts at high prices.

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