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    Home > Chemicals Industry > New Chemical Materials > September 23 aluminum market morning review

    September 23 aluminum market morning review

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: The US dollar index fell slightly from its high, and the aluminum price that fell for several days was able to breathe
    .
    Overnight aluminum prices rebounded, and LME three-month aluminum prices closed up 0.
    91% to $2223 / ton
    .
    Shanghai aluminum night trading gap opened high, then fell back and fluctuated in a narrow range, the main 2210 contract briefly rushed to 18860 yuan / ton, closing at 18755 yuan / ton
    .

    Aluminum City

    In the morning, the overall transaction of the spot market improved, a small number of downstream enterprises had a small amount of stock, mainly based on bargain hunting, traders also improved the transaction, and the spot circulation was tight
    .
    The mainstream trading price in Shanghai is around 18,650 yuan / ton, which is about 50 lower than that of futures
    .
    The mainstream transaction price in Guangdong is around 18680 yuan / ton
    .

    The domestic long holiday is approaching, and there is a demand for reserve inventory downstream, while Yunnan's production reduction is gradually reflected in the spot market, and the explicit inventory has declined
    .
    Although there is no bright spot in the current consumption overall, the marginal improvement of consumption in October is still worth looking forward to
    .
    Short-term aluminum price volatility is strong, it is recommended to bargain hunting and operate more
    .

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