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    Home > Chemicals Industry > New Chemical Materials > March 15 aluminum market morning review

    March 15 aluminum market morning review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: Russia and Ukraine said that the negotiations made progress, supply concerns eased, overnight external metal closed down across the board, and the three-month aluminum price on the London Stock Exchange fell 4.
    74% to $3315 / ton
    .
    Shanghai aluminum opened low and went low overnight, and the main 2204 contract closed below 21730 yuan / ton
    .

    Aluminum City

    In the morning, the spot market transaction has rebounded, and the decline in inventory has stimulated procurement, but the downstream is mainly on-demand procurement
    .
    The mainstream trading price in Shanghai is around 21890 yuan / ton, which is about 30 percent lower than that of futures
    .
    The mainstream transaction price in Guangdong is around 21850 yuan / ton
    .

    The outbreak of the domestic epidemic has hindered transportation, and the impact on supply and demand remains to be seen
    .
    At present, the war between Russia and Ukraine continues, and the situation is still uncertain
    .
    As a result, market sentiment fluctuates greatly, causing large fluctuations in futures aluminum prices
    .
    Short-term aluminum prices or sharp fluctuations, operational recommendations to control risks, pullback can still consider an appropriate amount of long
    .

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