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Shanghai aluminum afternoon volatility rebounded, market trading atmosphere weakened

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2204 contract, opening 22680 yuan / ton, the highest intraday 23240 yuan / ton, the lowest 22620 yuan / ton, settlement 22890 yuan / ton, the end closed at 22950 yuan / ton, up 60 yuan, or 0.
26%.

Shanghai aluminum

Today's Lun aluminum volatility rose, LME three-month Beijing time at 15:01 at 3371 US dollars / ton, up 78 US dollars, or 2.
35%,
from the previous trading day's settlement price.

Today's Shanghai aluminum opened low in the morning, the afternoon shock rebounded, the situation in Russia and Ukraine escalated sharply, making the market worried about the interruption of Russian aluminum supply, boosting the aluminum rebound and recovery, superimposed on the Lun aluminum inventory at a low level, the overall supply is tight, resulting in a strong
trend in aluminum prices.

In terms of the market, today's spot trading price of Yangtze River is 22690-22730 yuan / ton, up 10 yuan; Guangdong South Reserve reported 22700-22760 yuan / ton, down 10 yuan; Hua reported 22730-22770 yuan / ton, flat
.
The spot atmosphere has improved, the holder is up to ship, the receiver is purchasing on demand, and the transaction performance is average
.

After the holiday, consumption picked up, the rise in aluminum prices drove the enthusiasm of cargo holders, the downstream cautious delivery, some small amounts of replenishment, the trading atmosphere weakened, and the aluminum or fell
slightly.

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