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    Home > Chemicals Industry > New Chemical Materials > March 23 aluminum market morning review

    March 23 aluminum market morning review

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: overnight aluminum prices fluctuated back to 2274 US dollars / ton, down 0.
    15%.

    Shanghai aluminum night trading gap opened high, the main 2105 contract closed above 17675 yuan / ton
    .

    Aluminum City

    The transaction volume of the spot market cooled down again, and the holders actively shipped, but the enthusiasm for receiving goods downstream declined, and it was mainly
    necessary to purchase.
    The mainstream trading price in Shanghai is 17540 yuan / ton, which is about 40 lower than the futures
    .
    The mainstream transaction price in Guangdong is 17560 yuan / ton
    .

    The domestic downstream and terminal markets still do not have high price acceptance, imported aluminum ingots continue to flow into the country, the market continues to accumulate, short-term price suppression
    .
    However, the peak season is approaching, and consumption will continue to recover, which will have strong support
    for prices.
    Short-term aluminum prices maintain high volatility, it is recommended to pull back to do long
    .

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