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    Home > Chemicals Industry > New Chemical Materials > October 30 aluminum market afternoon comment

    October 30 aluminum market afternoon comment

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Futures market: US third-quarter GDP data is optimistic, September consumer spending data growth is strong, the dollar index rebounded, overnight London aluminum opened lower and lower, the latest closing price at $1979 / ton, down $27, or 1.
    37%.

    In the domestic aluminum market, Shanghai aluminum fluctuated downward in the evening, and the latest closing quotation of the main monthly 1812 contract was 14125 yuan / ton, down 60 yuan, or 0.
    42%.

    Aluminum City

    Aluminum before noon oscillation slightly strong, today's Guangdong market actual transaction concentrated in 14090 ~ 14110 yuan / ton, Guangdong and Shanghai price difference narrowed to around 80 yuan / ton, today Chalco in Guangdong has not yet received, the overall market trading is slightly light, downstream orders have signs of weakening, aluminum rod processing fees have not changed much, today's 90mm specification aluminum rod processing fee in 360 ~ 400 yuan / ton, 100/110/127mm specification in 350 ~ 390 yuan / ton, 120/150/152/178mm specifications are concentrated in 350~390 yuan / ton
    .

    The range of aluminum in the month is mainly
    volatile.
    Shanghai transaction concentration is 14020~14030 yuan / ton, the discount of the month is 60 ~ 50 yuan / ton, Wuxi transaction concentration is 14020~14030 yuan / ton, Hangzhou transaction concentration is 14050~14070 yuan / ton
    .
    Today's circulating supply is more sufficient, traders at the end of the month for the delivery of long orders tend to be active, and today's spot transaction price is slightly lower than yesterday, the downstream is more recognized for the price, the willingness to receive goods has improved today, and the overall transaction today is more active
    .

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