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    Home > Chemicals Industry > New Chemical Materials > November 23 aluminum market noon comment

    November 23 aluminum market noon comment

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: the US dollar index stopped falling and rebounded, the next week Lun aluminum shock closed flat, the current import sources of goods into the impact market, but China's infrastructure investment prospects are still optimistic, it is expected that today's aluminum rise and fall is not much
    .

    Aluminum City

    On November 20, the domestic spot aluminum price rose, and the spot AOO aluminum ingot price of Yangtze River Nonferrous Network was reported at 15930 yuan / ton, up 10 yuan; The price of Chinalco East China AOO aluminum ingots was 15,950 yuan / ton, up 200 yuan
    .
    The current import window continues to open, and some imported sources flow into the market, but the outlook for China's infrastructure investment is still optimistic, and the social inventory of aluminum ingots continues to dematerialize, but the speed of dematerialization has slowed down, and it is expected that spot aluminum prices will not rise or fall much
    today.

    In terms of fundamentals, with the peak season after downstream consumption or ushered in a gradual cooling, but the fourth quarter consumption is still generally supported, in addition to the increase trend of supply is also worth paying attention to, it is expected that aluminum prices continue to maintain a pattern of near strength and far weakness, the medium-term rally slows down, and may gradually return to shock.

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