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    Home > Chemicals Industry > New Chemical Materials > July 24 aluminum market noon comment

    July 24 aluminum market noon comment

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Aluminum market noon comment: the US dollar index fell to a two-year low, overnight Lun aluminum shock closed up $18, the cost of alumina prices faced a price increase, aluminum ingot social inventory unexpectedly fell slightly, it is expected that aluminum will rise
    today.

    Aluminum City

    Before the afternoon, the mainstream trading price of South China aluminum ingot spot was 14470-14490 yuan / ton, and South China to East China discounted 40-50 yuan / ton, little change from yesterday
    .
    Yesterday afternoon, the spot trading price of the Shanghai aluminum 2008 contract premium was 60-80 yuan / ton, and the spot premium was still weak
    .
    In the morning period, the high level of aluminum continued to fall, down nearly 100 yuan, the market quotation has fallen, large households single batch procurement, the basis fell slightly, Tianshan, Baimin, Hope, Shenhuo and other general aluminum prices of 10-20 yuan / ton
    。 In the second period, aluminum stopped falling and stabilized, spot quotations were weakly adjusted, and some of them just needed replenishment on Friday, but trading between traders was weak; Pu aluminum to the net price discount 0-20 yuan / ton, to Shanghai aluminum 2008 contract premium maintained at 60-80 yuan / ton, Guangdong and Shanghai spot actual transaction price difference is 50-60 yuan / ton, Huaqian, Qianxing and other low iron than Pu aluminum 10-30 yuan / ton, Rusal and other imported aluminum ingots are 60-100 yuan / ton cheaper than domestic aluminum ingots, public warehouse inventory imported aluminum ingots price is relatively lower
    .

    Aluminum pre-afternoon oscillations remained range-bound
    .
    The spot price of aluminum ingots in Wuxi is between 14540-14560 yuan / ton, the price in Shanghai is between 14520-14540 yuan / ton, the absolute price of spot is 10 yuan / ton lower than yesterday, the spot premium is 90-120 yuan / ton, the premium is slightly lower than yesterday, and the price in Hangzhou is between
    14540-14560 yuan / ton.
    Today's market supply is relatively loose, brand performance is relatively single, many Tianshan hope and Jiarun and other brands, holders actively ship, middlemen are generally willing to receive goods, the two sides are difficult to say good
    .
    A large household purchased normally today, and the amount of goods received in East China was less than 10,000 tons
    .
    Downstream procurement is normal today, although it is close to Friday, but the enthusiasm for stocking is obviously less than expected
    .
    East China's overall transaction today was flat
    .

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