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    Home > Chemicals Industry > New Chemical Materials > November 15 aluminum market morning review

    November 15 aluminum market morning review

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: the US dollar index fell and China's macro data improved, the external aluminum price continued to rebound on Friday, and the London Stock Exchange three-month aluminum price rose 1.
    51% to 2697 US dollars / ton
    .
    Shanghai aluminum opened higher overnight, and the main 2112 contract closed above 19655 yuan / ton
    .

    Aluminum City

    The overall transaction of the spot market in the morning improved significantly, traders increased their enthusiasm for receiving goods, and the downstream also changed their cautious attitude and took the initiative to purchase
    .
    The mainstream trading price in Shanghai is around 18,800 yuan / ton, which is about 110 lower than that of futures
    .
    The mainstream transaction price in Guangdong is around 18910 yuan / ton
    .

    At present, domestic consumption is slowly picking up, output tends to stabilize, supply and demand fundamentals have improved slightly, and inventories have declined, but the overall change is not large, and the price drive is temporarily limited
    .
    Short-term market sentiment is still largely affected by the policy, aluminum prices have repeatedly fluctuated, and it is recommended to wait and see
    .

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