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November 24 Shanghai aluminum brief comment

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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As of today's close at 3 p.
m.
, the main 2012 contract of Shanghai aluminum closed down at 15880, down 5, or 0.
03%.

Shanghai aluminum

Due to the large fluctuation of market prices before noon, intraday traders traded actively, and shippers were relatively more active, but in the context of the continuous decline in market inventories, at the same time, a large household purchased
a small amount at a price of 15970 yuan / ton within the day.
Downstream intraday on-demand procurement is the mainstay, and some replenishment on Monday, but the high price of aluminum inhibits enthusiasm
for receiving goods.

Intraday plate has declined, but the overall adjustment is limited, in the domestic fundamentals are still good to promote, aluminum prices still maintain a situation that is easy to rise and fall, in the short term, spot continuous circulation tightening also to the aluminum price to a certain support, spot can continue to pay attention to the 16,000 break, the operation can be bought on demand, it is expected that tomorrow's spot aluminum will continue to fluctuate trend, or there will be a small rise
.

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