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    Home > Chemicals Industry > New Chemical Materials > November 10 aluminum market noon review

    November 10 aluminum market noon review

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Aluminum market noon comment: the news of progress in vaccine research and development boosted market sentiment, overnight Lun aluminum shock after the end of the close up of $1, smelter profits remain high, industry capacity continues to release, it is expected that aluminum today fell
    slightly.

    Aluminum City

    On Monday, the social stock of electrolytic aluminum has fallen to 635,000 tons, and the low inventory has obvious support for the price of electrolytic aluminum
    .
    The downstream terminal consumption margin is good, orders for automobiles, home appliances, photovoltaics and other industries have increased significantly, and demand in the fourth quarter is better than market expectations
    .

    The profit of the electrolytic aluminum plant is still high, and many electrolytic aluminum plants have been put into operation under the stimulation of profits, and recently Yingkou Xintai and Xinjiang Agricultural Six Division have resumed production one after another, and the supply pressure of electrolytic aluminum has increased
    .
    The electrolytic aluminum market generally shows the characteristics of double supply and demand, and the risk appetite of the market has increased significantly after Biden's election, and the price of Shanghai aluminum is expected to operate
    strongly in the near future.

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