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    Home > Chemicals Industry > New Chemical Materials > Non-ferrous metals rose strongly Shanghai aluminum followed the rise

    Non-ferrous metals rose strongly Shanghai aluminum followed the rise

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Non-ferrous metals rose strongly overnight, and aluminum followed the rise
    .
    Domestic electrolytic aluminum social inventory of 664,000 tons, weekly accumulation of 51,000 tons, many places to increase arrival; aluminum rod shipments last week fell 12,600 tons month-on-month, aluminum rod inventory increased by 14,900 tons from last Thursday to 85,700 tons
    .
    Near the end of the year, downstream consumption as a whole entered a weakening trend, and under the suppression of the epidemic and high aluminum prices, downstream manufacturers have shown signs of early holiday, Shanghai aluminum near strength far weak structure weakened, monthly difference narrowed, and material prices fluctuated
    .

    Shanghai aluminum

    Foshan aluminum: 1/8 Nanchu Foshan aluminum ingot quotation 15740-15800 yuan, the average price of 15770 yuan, up 160, up 105
    for the month.
    Aluminum prices rose during the day, the price rose sharply in the late opening in the morning, the circulation of goods in the spot market was sufficient, the holders lowered the premium and actively shipped, the premium was overreported by -10~-20 yuan, and the market transaction was
    acceptable.
    Its later price volatility lower, the last day fell all the way, the market performance quickly weakened, the premium fell to around -100 yuan, but the transaction is still very poor, there is no market, the transaction price is concentrated in 15670-15760 yuan, compared with the average price of South Reserve Foshan premium -100~-10 yuan
    .

    Wuxi aluminum: 1/8 Nanchu Wuxi aluminum ingot quotation 15690-15730 yuan, the average price of 15710 yuan, up 160, up 45
    for the month.
    There are many circulating sources in the East China market, the downstream demand is general, mainly based on just need to purchase, and the spot premium rises to 0~10 yuan with the futures price in the morning, and the transaction performance is average; In the later period, the price fell all the way to -80~-70 yuan, but the demand became weaker, the market transaction situation was worse, and the spot transaction price was concentrated between 15630~15720 yuan, which was -80~10 yuan
    higher than the average price of Nanchu Wuxi.

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