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    Home > Chemicals Industry > New Chemical Materials > July 26 aluminum market afternoon review

    July 26 aluminum market afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Aluminum market summary: yesterday Lun aluminum inventory again increased the pressure on aluminum prices, overnight Lun aluminum rushed back down slightly up $2 at the end of the day, alumina production reduction news to support aluminum prices, it is expected that aluminum will rise slightly; The market is concerned about the progress of
    Sino-US trade negotiations.

    Aluminum City

    In the early afternoon aluminum first rose and then suppressed, this morning Guangdong aluminum ingot spot ticket transaction price was 13930-13940 yuan / ton, and then the transaction price was concentrated in 13920-13930 yuan / ton, Guangdong-Shanghai price difference near Pingshui
    .
    Before the close, there were a small number of quotations around 13900 yuan / ton, and the transaction was very small
    .
    Today's absolute price increase and the market fluctuated greatly before the afternoon, and the willingness of the holders to ship was strong, but the middlemen and the local downstream showed a clear wait-and-see sentiment, and the downstream procurement volume from Tuesday to Thursday was sufficient, and today's buying interest has significantly weakened
    .
    Overall, today's aluminum ingot spot in South China is dominated by traders' trading, and the transaction is not as good as yesterday.

    Aluminum futures opened the month with a volatile upside, and the center of gravity of the second trading range fell
    .
    In the morning, the spot trading price of Shanghai Wuxi and Wuxi was between 13930-13940 yuan / ton, opposite the flat water - liter around 10 yuan / ton, up 50 yuan / ton from yesterday, 10:30 late aluminum decline, the market price gradually concentrated between 13900-13920 yuan / ton, opposite flat water - liter 20 yuan / ton nearby, Hangzhou area price between 13940-13960 yuan / ton
    .
    Today's aluminum price has risen for two consecutive days, and the market trading is still active in the morning due to the receipt of goods by a large household, but with the suspension of its receipt, trading between traders began to show a stalemate
    .
    Due to the recovery of prices, holders are very active in shipments and middlemen's willingness to receive goods converges, and the market shows more and less
    pick-up.
    Downstream due to the fact that some stocks have been made in the past few days, coupled with today's fear of heights, there are no signs
    of stocking for the weekend today.
    The overall transaction in East China today is acceptable
    .

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