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    Home > Chemicals Industry > New Chemical Materials > June 14 aluminum market afternoon comment

    June 14 aluminum market afternoon comment

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Shanghai aluminum main force continued to fall in the morning, the overall trend is obviously deadlocked, there is no upward momentum at present, the dollar index has weakened slightly, environmental protection speculation on the short-term aluminum price support gradually declined, domestic aluminum market inventory is obvious, cost side support weakened, inventory still has obvious pressure, long and short confrontation, it is expected that today Shanghai aluminum is still difficult to have a significant surge in the short term, continue to narrow adjustment
    .
    In the spot market, the aluminum plate is obviously deadlocked, the inventory is tightened, the market circulation is slightly tight, the large households receive goods are obviously positive, the holders are obviously willing to sell at a low price, the downstream users want to receive goods at a low price, the supply and demand are obviously deadlocked, and the overall transaction has declined
    slightly.
    In terms of aluminum rods, some sources of goods are slightly loose, processing fees continue to fall, downstream wait-and-see cautious procurement, and the transaction is weak.

    Aluminum City

    East China market, aluminum in a narrow range before noon
    .
    Shanghai transaction concentration 14530 ~ 14550 yuan / ton, for the current month discount 10 yuan / ton to flat water, for the next month contract discount 100 ~ 80 yuan / ton, Wuxi transaction concentration 14530 ~ 14550 yuan / ton, Hangzhou transaction concentration 14570 ~ 14590 yuan / ton
    .
    Cargo holders ship steadily, middlemen mainly receive goods downstream, the Dragon Boat Festival is approaching, downstream enterprises prepare goods in batches, and the overall transaction is slightly better
    than yesterday.

    In the South China market, aluminum is weak and volatile, and today's Guangdong spot market transaction is concentrated in 14610~14630 yuan / ton, and the price difference between Guangdong and Shanghai remains around
    80 yuan / ton.
    Guangdong local public warehouse aluminum ingot inventory continued to drop to 266,000 tons week-on-week, the willingness of the shippers to ship is general, there are large households to receive and pay long orders, downstream participation is also high, actively for the Dragon Boat Festival stocking, Guangdong local aluminum processing enterprise orders can be said to be the best province in the country, today Guangdong aluminum ingot spot market overall transaction is better
    .

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