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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum high operation follow-up attention to the accumulation range

    Shanghai aluminum high operation follow-up attention to the accumulation range

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2104 contract opened at 17250 yuan / ton, the highest intraday 17650 yuan / ton, the lowest 17115 yuan / ton, settled 17415 yuan / ton, and closed at 17640 yuan / ton, up 705 yuan
    .
    Today's Shanghai aluminum is running at a high level, hovering at a nine-and-a-half-year high, electrolytic aluminum production reduction continues to disturb, peak season consumption expectations still exist, follow-up attention to the accumulation range
    .

    Shanghai aluminum

    Today's London aluminum shock operation, LME three-month aluminum Beijing time at 15:10 at 2231 US dollars / ton, up 5.
    5 US dollars, or 0.
    25%,
    from the previous trading day's settlement price.

    In the market, today's spot trading price of Yangtze River is 17390-17430 yuan / ton, up 510 yuan; Guangdong South Reserve reported 17400-17460 yuan / ton, up 520 yuan; Hua reported 17520-17540 yuan / ton, up 530 yuan
    .
    Cargo holders are actively shipping, traders are afraid of high wait-and-see, large households are generally enthusiastic about receiving goods, and trading performance has weakened
    .

    Industry news, Shenhuo shares said that the company's electrolytic aluminum production capacity is distributed in Xinjiang and Yunnan, of which Xinjiang's 800,000-ton production capacity is 100% controlled and is currently in full production; The first and second phases of Yunnan have been powered on, and the third phase of the second phase is expected to start in June, with a current operating capacity of 750,000 tons, and the company holds 43.
    40%.

    In terms of news, Inner Mongolia has not passed the annual total energy consumption and intensity dual control target assessment results, the local electrolytic aluminum production capacity will be affected to a certain extent, Inner Mongolia has announced that it will not approve electrolytic aluminum production capacity projects, the supply side has been impacted
    .
    Powell reiterated in the congressional hearing that monetary easing will continue until there is substantial progress in economic recovery, and the dollar index will remain low and volatile
    .
    The supply side has suffered an impact, while the demand side has gradually recovered, and it is recommended that Shanghai aluminum continue to hold
    long positions in the early stage.

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