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    Home > Chemicals Industry > New Chemical Materials > October 13 aluminum market morning review

    October 13 aluminum market morning review

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: the US dollar index remained weak, the market has strong expectations for further economic stimulus, overnight external aluminum prices continued to be strong, London Stock Exchange March aluminum prices closed up 0.
    49% to 1856 US dollars / ton
    .
    Domestic night trading also maintained a strong trend, and the main 2011 contract of Shanghai aluminum closed above 14630 yuan / ton
    .

    Aluminum City

    The spot market showed a clear difference in the morning, the circulation in the East China market was still tight, and the trading in the South China market was flat
    after the active holiday of the chief trader executive.
    The mainstream trading price in Shanghai is around 14930 yuan / ton, which is about 160 higher than futures
    .
    The mainstream transaction price in the Guangdong market is around 14790 yuan / ton
    .

    The economic recovery has boosted market optimism, and the low domestic inventory status has maintained strong support for short-term aluminum prices, but the rapid rise in supply has gradually increased the pressure on prices, inhibiting price increases
    .
    Operationally, it is recommended to operate
    at a high altitude and in the air.

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