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    Home > Chemicals Industry > New Chemical Materials > May 29 aluminum market afternoon comment

    May 29 aluminum market afternoon comment

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Shanghai aluminum main force back down back to the narrow range adjustment, the end of the close is still standing at a high level, because the aluminum market downstream inventory to positive, peak season demand is still optimistic expectations, the current aluminum price center of gravity high stabilization, macro market sentiment eased, the support below is more stable, aluminum prices obviously resisted the decline, the dollar index continued to be strongly suppressed, it is expected that today Shanghai aluminum continues to be strong shock, pay attention to domestic inventory changes
    .

    Aluminum City

    In the spot market, the aluminum plate fell again, the inventory declined, the market circulation was slightly tight, the overall price of traders was mainly shipped, and the willingness of downstream users to receive goods was not high, and the two sides were obviously deadlocked and the transaction turned weak
    .
    In terms of aluminum rods, some sources of goods are still in short supply, processing fees have risen slightly, the overall price adjustment is limited, and the transaction is limited
    .

    Aluminum was weak and volatile
    that month.
    Shanghai transaction concentration is 14640~14650 yuan / ton, the discount for the month is 60~50 yuan / ton, Wuxi transaction concentration is 14640~14650 yuan / ton, Hangzhou transaction concentration is 14660~14680 yuan / ton
    .
    Holders control shipments, circulation declines compared with yesterday, spot discounts narrow slightly, downstream enterprises purchase on demand, and the overall transaction is average
    .

    Aluminum was weak and volatile
    that month.
    Today's Guangdong spot market transaction is concentrated at 14690~14710 yuan / ton, and the price difference between Guangdong and Shanghai remains at 50 yuan / ton
    .
    Cargo holders have increased their shipments, downstream enterprises have maintained on-demand procurement, and the overall transaction is slightly worse
    than yesterday.

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