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    Home > Chemicals Industry > New Chemical Materials > September 25 aluminum market morning review

    September 25 aluminum market morning review

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Aluminum market early comment: The negative sentiment of the market has been gradually released, the US dollar index has also fallen, and the aluminum price rebounded after the overnight external market fell and the decline narrowed
    .
    The three-month aluminum price on the London Stock Exchange closed at $1747.
    5 / ton, down 0.
    4%.

    Shanghai aluminum night trading also fell first and then rose, the main 2011 contract finally closed above 13850 yuan / ton
    .

    Aluminum City

    Spot market transactions in the morning were generally less than satisfactory, with early buyers performing positively and later tending to wait and see
    .
    Holders hold prices, but middlemen are not eager to buy goods, and downstream wait-and-see sentiment is also strong
    .
    The mainstream trading price in Shanghai is around 14,310 yuan / ton, which is about 300 premiums over futures
    .
    The mainstream transaction price in Guangdong is around 14380 yuan / ton
    .

    At present, the fundamentals of the domestic market are still changing subtly, and the supply pressure is rising, but the current inventory is still at a low level and pre-holiday stocks, aluminum prices temporarily close below a certain support, short-term decline space or limited
    .
    It is not recommended to chase short operation, it is recommended to rebound and then short
    .

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