echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on July 24

    Shanghai aluminum afternoon review on July 24

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Yesterday, the main contract of Shanghai aluminum opened at 14375 yuan / ton in the morning, rising 100 yuan to 14480 yuan / ton at the open, and then spit back all the gains and fell back below 14400 yuan / ton; In the afternoon, the market was around the narrow band of 14400 yuan / ton, and closed at 14395 yuan / ton
    at the end.

    Yesterday night, the main force of Shanghai aluminum opened low at 14415 yuan / ton, opened high to 14485 yuan / ton, then fell back to around 14430 yuan / ton, after 22 o'clock again pulled up and stood firm at 14500 US dollars / ton line, closing at 14500 yuan / ton
    .
    Thursday's inventory did not accumulate, spot premium fell slightly, the main force has not yet completed the transfer of positions, Shanghai aluminum rose six consecutive times, and the futures price was relatively strong
    .
    It is expected that the main operating range of Shanghai aluminum today is 14400-14800 yuan / ton
    .

    The price of Chinalco East China AOO aluminum ingots was 14,560 yuan / ton, up 30 yuan
    .
    Imported aluminum ingots continue to hit the market, China's aluminum imports jumped to an 11-year high in June, but the cost side of alumina prices faced an increase, data released yesterday showed that aluminum ingot social inventories unexpectedly fell slightly, and spot aluminum prices are expected to rise
    today.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.