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    Home > Chemicals Industry > New Chemical Materials > June 22 aluminum market afternoon review

    June 22 aluminum market afternoon review

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Lun aluminum night trading slightly upward, currently temporarily stabilized at $2100, temporarily suspended the recent decline, the dollar index rebounded, suppressed aluminum prices upward, the current aluminum market fundamentals remain stable, but the impulse momentum is still weak, supply pressure is significantly suppressed, it is expected that today Lun aluminum continued narrow fluctuations, the pullback space is limited
    .
    Shanghai aluminum main night trading continued to rise slightly, currently at the 14000 mark temporarily stabilized, inventory further decline, fundamentals still supported, is expected to Shanghai aluminum or low volatility today
    .

    Aluminum City

    In the East China market, aluminum was first suppressed and then rose
    in the month.
    Shanghai transaction concentration is 14090~14100 yuan / ton, the discount for the month is 60~50 yuan / ton, Wuxi transaction concentration is 14090~14100 yuan / ton, Hangzhou transaction concentration is 14140~14160 yuan / ton
    .
    The cargo holders are actively shipping, and the willingness of the middlemen to receive goods in the early stage of the transaction is not bad, but then the enthusiasm for procurement becomes more and more cold, and the downstream enterprises purchase on demand, and the overall transaction is acceptable in the early stage, and it is difficult to complete the transaction
    in the later stage.

    South China market, aluminum after the opening first suppressed and then rose, before the afternoon to stabilize, today Guangdong spot market trading concentrated in 14210 ~ 14250 yuan / ton, Guangdong and Shanghai price difference expanded to around
    140 yuan / ton.
    A small amount of trading in the morning market concentrated in 14240-14250 yuan / ton, with the increase of shipments by holders, and downstream processing enterprises in the previous days after a large number of purchases basically completed replenishment and stocking, so today's participation in the spot market decreased significantly, the market transaction weakened, the holders continued to lower the quotation, as low as 14210 yuan / ton before the afternoon, today's Guangdong market transaction activity fell
    significantly.

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