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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on April 17

    Shanghai aluminum afternoon review on April 17

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Shanghai aluminum main high steady, near the midday close slightly narrowed, but still stood firm 14800 yuan support, because China's first quarter GDP annual rate closed in the morning, coupled with market concerns about the tightening of supply again so that aluminum prices rise more sufficient, we expect today Shanghai aluminum in 14500-14800 yuan shock operation, in the short term there is no possibility
    of rushing up 15000 yuan.

    Shanghai aluminum

    In the spot market, the market soared sharply, most of the downstream have plans to replenish the stock at the dip, the trading atmosphere continues to improve, and the overall transaction is more active
    .

    Aluminum futures changed to 1805 contracts in the month, and after last night's sharp rise, aluminum futures fluctuated
    weakly at noon of the month.
    Shanghai transaction concentration is 14680~14700 yuan / ton, the discount for the month is 50~30 yuan / ton, Wuxi transaction concentration is 14680~14700 yuan / ton, Hangzhou transaction concentration is 14670~14690 yuan / ton
    .
    Spot prices rose sharply, the discount shrank after the change of month, the cargo holder shipment attitude is very positive, the circulation supply is sufficient, some middlemen are bullish, there are still receiving goods, downstream enterprises purchase according to just demand, and the overall transaction supply exceeds demand
    .

    Today's South China aluminum ingot quotation of 14640-14740 yuan, the average price is 14690 yuan, up 240 yuan, the futures price soared compared with yesterday, supply and demand trading is active, the market transaction has turned good, the mainstream transaction price is concentrated between 14670-14700 yuan, compared with the average price of South China - 20~10 yuan
    .

    Today's South Reserve East China aluminum ingot quotation is 14710-14750 yuan, the average price is 14730 yuan, up 280
    .
    Yangtze River: 14710-14750, 14730 up 280
    .
    The spot price is high, the holder is actively shipping, but the shipment is not smooth, the quotation is lowered, the overall transaction is general, the transaction price is concentrated in 14700 yuan ~ 14720 yuan, compared with the average price of South Reserve East China - 30 ~ -10 yuan
    .

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