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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum fluctuated at a low level, and the overall trading activity of the market picked up

    Shanghai aluminum fluctuated at a low level, and the overall trading activity of the market picked up

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2201 contract, opening 19015 yuan / ton, the highest intraday 19190 yuan / ton, the lowest 18625 yuan / ton, settlement 19280 yuan / ton, the end closed at 19015 yuan / ton, down 265 yuan, down 1.
    37%; The trading volume of the main 2201 contract of Shanghai aluminum increased by 34837 lots to 41063 lots throughout the day, and the position volume decreased by 8622 lots 204811
    .
    Today's Shanghai aluminum low volatility, a slight recovery, domestic supply short-term tightening is difficult to alleviate, but the fall in coal prices and strict real estate control have reproduced a pessimistic atmosphere, coupled with the overall poor downstream demand side, aluminum prices are affected and weakly operated
    .

    Shanghai aluminum

    Today's London aluminum fluctuated in a narrow range, and the LME was reported at $2,632 / ton at 15:01 Beijing time for three months, up $41, or 1.
    56%,
    from the previous session's settlement price.

    In terms of the market, today's spot trading price of Yangtze River was 18780-18820 yuan / ton, down 420 yuan; Guangdong South Reserve reported 18900-18960 yuan / ton, down 390 yuan; Hua reported 18840-18880 yuan / ton, down 430 yuan
    .
    Cargo holders raised shipments, receivers were more enthusiastic about purchasing, large households were more enthusiastic about receiving goods, and the overall transaction activity picked up
    .

    Affected by the dual control, the supply is still tight, but the short-term continuous recovery of Shanghai aluminum inventory shows that the market demand is weak, as of November 26, the previous period of Shanghai aluminum inventory increased by 5478 tons, and still dragged down by the downward demand of real estate and other terminals, the social treasury is likely to still accumulate, now aluminum or fall.

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