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    Home > Chemicals Industry > New Chemical Materials > March 2 aluminum market noon comment

    March 2 aluminum market noon comment

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: global aluminum supply concerns are tight, overnight Lun aluminum closed up 2.
    68%; Restrictions on transportation to and from Russia have led to the closure of alumina plants, and the surge in domestic thermal coal prices has pushed aluminum prices up, and aluminum may rise
    today.

    Aluminum City

    The intensification of the situation between Russia and Ukraine will directly affect the production of Rusal and the performance of exports to Europe, and the supply center of Europe may shift to China, and the domestic production capacity ceiling will lead to a tight global supply pattern
    .

    In addition, the uncertainty of European aluminum smelting under the energy crisis has increased, and then affected the global aluminum market, the current European aluminum plant has been in the negative profit range, continuous electricity price rise - forced to reduce production stop loss of the vicious circle, in the double shackles of electricity price and production reduction, aluminum price will run
    strongly.
    Follow-up focuses on confirming or falsifying domestic demand preferences, overseas capital flows and the progress of the
    situation in Russia and Ukraine.

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