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    Home > Chemicals Industry > New Chemical Materials > September 28 aluminum market morning review

    September 28 aluminum market morning review

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Aluminum market summary: the US dollar performance is strong to pressure the base metal market, overnight Lun aluminum under pressure fell by $30, domestic winter production reduction weakened, market bears dominated, aluminum prices lack of support trend weak, is expected to fall today
    .

    Aluminum City

    Futures market: The dollar index performed strongly on Thursday to put pressure on the base metals market, and overnight Lun aluminum fell under pressure late trading, the latest closing price at $2025 / ton, down $30, or 1.
    46%.

    In terms of inventory, the London Metal Exchange (LME) reported 994625 metric tons of London aluminum on September 27, down 5,300 metric tons, or 0.
    53%, from the previous trading day's inventory, and fell 17.
    94%
    in the last 46 trading days.

    Domestic spot aluminum prices fell slightly, China's winter pollution prevention and control plan no longer requires a one-size-fits-all reduction in heavy industrial pollution, the intensity of production restrictions weakened year-on-year, and the exemption of ultra-low emission alumina and electrolytic aluminum from production restrictions is a high probability event, and the market bears dominate; Alcoa restarted negotiations, overseas alumina has the risk of falling, aluminum prices lack support trend is weak, spot aluminum prices are expected to fall
    today.

     

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