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    Home > Chemicals Industry > New Chemical Materials > September 11 aluminum market morning review

    September 11 aluminum market morning review

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: market pessimism continued to release, overnight outer metal fell again, London Stock Exchange three-month aluminum price closed at 1778 US dollars / ton
    .
    Shanghai aluminum rebounded against the world overnight, and the main 2010 contract closed above 14475 yuan / ton
    .

    Aluminum City

    The overall performance of the spot market is flat, traders mainly purchase at a low level, and downstream purchases are also dominated
    by bargain hunting.
    The mainstream trading price in Shanghai is around 14,560 yuan / ton, which is about 60 higher than futures
    .
    The mainstream transaction price in Guangdong is around 14680 yuan / ton
    .

    The short-term fundamental contradictions in the domestic market are still not prominent, and the upward trend of output is strong, but the marginal increase is still controllable, and the peak season consumption has not yet shown significant performance
    .
    Explicit inventories remained in position, and both rises and falls lacked momentum
    .
    Short-term aluminum prices maintain range fluctuations, it is recommended to wait and see
    for the time being.

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