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    Home > Chemicals Industry > New Chemical Materials > July 19 aluminum market afternoon review

    July 19 aluminum market afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Aluminum market summary: the Fed interest rate cut expectations put pressure on the dollar, overnight Lun aluminum held steady rise of $4, Alcoa once again cut the global aluminum demand forecast, aggravated the market demand slowdown concerns, aluminum prices upward restrictions, is expected to be limited today
    .

    Aluminum City

    In the early afternoon, the performance of aluminum soared and fell, and the transaction price in Guangdong this morning was concentrated at 13900-13910 yuan / ton, and the price difference between Guangdong and Shanghai narrowed to -10 yuan / ton
    in the month.
    Today's trading among traders is more active, the market is more and less connected, and the atmosphere is flat compared with yesterday; Downstream enterprises are not as strong as usual on Fridays, and they purchase more on demand or take a wait-and-see attitude
    .
    Overall, today's South China aluminum ingot spot trading is
    acceptable.

    The opening performance of aluminum in the month was range-bound, and the second trading stage sank
    slightly.
    The transaction price of Shanghai tin in the morning (Note: the subsequent "Huxi" refers to "Shanghai and Wuxi") in the two places is between 13910-13920 yuan / ton, the opposite plate sticker 20-10 yuan / ton is nearby, compared with yesterday's price increase of about 75 yuan / ton, Hangzhou transaction price is between 13920-13940 yuan / ton, a large household near 13920 yuan / ton in the morning part of the receipt in Shanghai and tin, the second trading range period aluminum slightly down, market traders trading is more active, The price is concentrated between 13890-13910 yuan / ton, and the opposite plate is discounted 20-10 yuan / ton around
    .
    Today's high price holders are very active in shipments, and some hedging brokers have also increased their willingness to receive goods, but on the whole, there are still more and less
    shipments.
    The downstream performance today is average, although it is close to the weekend, but the fear of heights is obvious, and the enthusiasm for stocking is not high
    .
    Today's overall trading volume in East China was flat yesterday.

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