 Home > Chemicals Industry > New Chemical Materials > Peak season is coming, consumption can be expected short-term aluminum prices or volatility is strong

Peak season is coming, consumption can be expected short-term aluminum prices or volatility is strong

 Last Update: 2022-12-19
 Source: Internet
 Author: User

Tags

gold price jm

low cardiac output

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

Today's Shanghai aluminum main month 2010 contract opened at 14660 yuan / ton, the highest intraday 14690 yuan / ton, the lowest 14480 yuan / ton, settled 14595 yuan / ton, and closed at 14540 yuan / ton, down 10 yuan
.
Today's Shanghai aluminum shock falls, domestic inventories continue to rise but the rate of growth slows down, peak season comes to consumption can be expected, short-term aluminum prices or shock is strong
.

Aluminum prices

Today's LME market is closed on the UK summer bank holiday, no data, and trading resumed on Tuesday
.

In terms of the market, today's spot trading price of Yangtze River is 14740-14780 yuan / ton, up 90 yuan; Guangdong South Reserve reported 14790-14850 yuan / ton, up 60 yuan; Hua reported 14850-14870 yuan / ton, up 80 yuan
.
Downstream demand is not good, receiving sentiment is low, the wait-and-see atmosphere is strong, and the transaction is flat
.

Industry news, Northwest Green New Aluminum Processing Industrial Park annual output of 200,000 tons of aluminum foil project is expected to be completed and put into operation in July next year, the project investment of 2 billion yuan, mainly production of air conditioning foil, household foil, pharmaceutical foil, battery foil based single zero foil, double zero foil and other products
.

Countries have introduced favorable policies to stimulate the economy, and overseas demand has gradually recovered; At present, the import window is closed, the pressure of overseas supply is not as good as in the previous period, the domestic seasonal accumulation is slow, the demand for gold, silver and ten peak seasons is still expected, and spot aluminum prices are expected to rise
.

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

351# Optical Brightening Agent CBS-X with Environmental Friendly

CAS No.: 27344-41-8

Industrial Grade

$250-300/MT FOB

Fluorescent Whitening Agent CBS-X Fluorescent Brightener Agent CF-351 Optical Brightener CAS 27344-41-8

CAS No.: 27344-41-8

Industrial Grade

$250-300/MT FOB

Tech Grade C.I.71 Fluorescent Brightener Agent DMS

CAS No.: 16090-02-1

Industrial Grade

$350-400/MT FOB

Hot Tags

jobs united states(236)

united states jobs(223)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

ups united states(221)

announcements today(81)

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.