echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > October 14 aluminum market noon review

    October 14 aluminum market noon review

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Aluminum market afternoon comment: the US dollar index strengthened pressure, overnight aluminum shock closed down $3, aluminum exports in September increased month-on-month, but electrolytic aluminum profits high production increased, it is expected that today's aluminum rise and fall is limited
    .

    Aluminum City

    Recently, negotiations on the US fiscal stimulus plan have resumed, the market has increased expectations for non-ferrous metal consumption, and the price of electrolytic aluminum has gradually recovered its previous decline under optimistic expectations
    .

    In terms of industrial fundamentals, the social inventory of electrolytic aluminum has reached 729,000 tons, and the post-holiday inventory is still accumulating
    .
    The profit of electrolytic aluminum plant is more than 1500 yuan / ton, and many electrolytic aluminum plants have been put into operation under the stimulation of profits, and the operating capacity of electrolytic aluminum will rise to more than 37 million tons in the fourth quarter, and the supply of electrolytic aluminum is gradually recovering
    .
    After September, both automobile and aluminum processing began to improve, and the overall marginal consumption of electrolytic aluminum was good
    .
    On the whole, Shanghai aluminum will continue to consolidate the trend, investors recommend waiting and waiting for
    the time being.

    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.

    Contact Us

    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.