 Home > Chemicals Industry > New Chemical Materials > November 3 aluminum market afternoon comment

November 3 aluminum market afternoon comment

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

Tags

test aluminum body

aluminum trailer panels

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market afternoon comment: the stock market and oil prices rebounded to drive the market, overnight Lun aluminum continued to rise to close up $23, China's manufacturing boom improved, electrolytic aluminum social inventory is still dematerializing, it is expected that today's aluminum rises
.

Aluminum City

Overnight, Shanghai aluminum continued to fluctuate strongly
.
The overall performance of aluminum consumption is strong, the long-term negotiation node of large households in the spot market is strong, and the spot premium of aluminum ingots is as high as 200 yuan
.
Last week, aluminum prices fell after the increase in market purchases, and the social inventory of aluminum ingots fell by 20,000 tons at the beginning of the week, the largest decline after the National Day
.

Under the state of low inventory, it is expected that the Shanghai aluminum back structure will continue for a long time, aluminum prices are expected to remain high, the main contract focuses on the pressure of 14900-15000 yuan, rolling bargaining to earn monthly income is still feasible
.
The warehouse receipt in the last period of the delivery month was only 90,000 tons, and the near-month contract was nearly 60,000 lots, so be wary of the risk
of continued crowding.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.