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    Home > Chemicals Industry > New Chemical Materials > Pre-holiday stocking demand increases, aluminum prices are still prone to rise and fall

    Pre-holiday stocking demand increases, aluminum prices are still prone to rise and fall

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    This week's domestic Mid-Autumn Festival holiday, during the holiday, the external disk disturbance upgraded, Lun aluminum is expected to be under pressure and weak, the overall around the 2800-3000 range oscillation, short-term supply disturbances are frequent, it is expected that the deep fall space is not large, temporarily pay attention to the 2800 mark support; Shanghai aluminum first rose and then fell, the recent power restrictions and production policies in various regions, aluminum prices are still prone to rise and fall, maintain a long idea
    .
    The main force will focus on the range of 2.
    28-23,800 next week
    .

    Aluminum prices

    In terms of market transactions, due to the limited stock of downstream enterprises before the holiday, some enterprises entered the market to replenish the stock after the holiday, driving market transactions, especially on Friday, the enthusiasm of downstream enterprises to receive goods increased, and traders also increased
    their bargain hunting.

    East China: Under the influence of production restrictions and power restrictions in many places, aluminum prices are still strong this week, the overall performance first rose and then fell, during the period spot aluminum prices broke through the 23,000 mark, but failed to stabilize, as of Friday, East China spot aluminum prices in 22900-22940 yuan / ton, up 180 yuan / ton
    from last Friday.

    South China: As of Friday, the price of Foshan Nanhai aluminum ingot tickets was between 23260-23360 yuan / ton, up 260 yuan / ton from last Friday, performing better than East China; Some enterprises in Guangdong were affected by power cuts, staggered peak production, downstream enterprises just needed to replenish inventory, and the transaction was general
    .

    This week, Shanghai aluminum first rose and then fell, and recently various places have successively introduced limited production policies, and the scale of production reduction has been further expanded
    .
    Aluminum prices are still prone to rise and fall, maintaining a bullish idea
    .
    Next week is the last week before the National Day holiday, the demand for pre-holiday stocks will increase or support aluminum prices, aluminum prices still have the possibility of rising, Shanghai aluminum main focus on 22800-23800 range shock
    .

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