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    Home > Chemicals Industry > New Chemical Materials > November 6 Shanghai aluminum brief comment

    November 6 Shanghai aluminum brief comment

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Today's market is not favorable, Shanghai aluminum rebound is obviously weak, today's main contract around 13900 narrow range, late close at 13915, unchanged
    from the previous session.
    The fundamentals of aluminum prices are slightly weak, the news is calm, the price lacks impetus, and the short-term is still expected to be volatile and adjusted, with the main focus on the 1.
    38-14,300 range
    .
    It is expected that tomorrow's spot aluminum will not fluctuate much
    .

    Shanghai aluminum

    Nanchu South China aluminum ingot quotation of 13900-14000 yuan, the average price of 13950 yuan, up 30 yuan, the market supply is abundant, downstream consumption remains weak, holders are blocked from shipments, and the overall transaction is light
    .
    The mainstream transaction price is concentrated between 13930-13950 yuan, which is a premium of -20~0 yuan
    compared with the average price of South China Reserve.

    Today's Nanchu East China aluminum ingot quotation is 13850-13890 yuan, the average price is 13870 yuan, up 20
    .
    Yangtze River: 13850-13890, 13870 up 10
    .
    The shipment strength is stable, the spot transaction price is stable, the market circulation source remains abundant, and the overall transaction is average
    .
    The transaction price is 13850 yuan ~ 13860 yuan, which is a premium of -20~-10 yuan
    compared with the average price of South Reserve East China.

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