 Home > Chemicals Industry > New Chemical Materials > March 8 aluminum market morning review

March 8 aluminum market morning review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

Tags

aluminum foil dispenser

6063 t5 aluminum

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market morning comment: The US non-farm payrolls data was better than expected, and the outer metal rebounded across the board on Friday, and the London Stock Exchange three-month aluminum price closed up 2.
54% to $2184 / ton
.
Shanghai aluminum closed higher in overnight trading, with the main 2104 contract closing at 17285 yuan / ton
.

Aluminum City

The overall quotation and inquiry of the spot market in the morning are active, but the actual transaction is limited
.
The mainstream trading price in Shanghai is around 17,100 yuan / ton, which is about 40 lower than the futures discount
.
The mainstream transaction price in Guangdong is around 17110 yuan / ton
.

At present, the pace of accumulation in the domestic market has slowed down, and consumption has shown an overall recovery trend, but high aluminum prices have temporarily suppressed the enthusiasm of
downstream receiving goods.
However, consumption expectations under the concept of "carbon peaking" are optimistic, and aluminum still has strong support
due to supply interference expectations.
Short-term aluminum prices may fluctuate sharply, and it is recommended to operate
more on dips.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.