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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum is running strongly, and the market transaction is average

    Shanghai aluminum is running strongly, and the market transaction is average

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2105 contract opened at 17520 yuan / ton, the highest intraday 17725 yuan / ton, the lowest 17350 yuan / ton, settled 17535 yuan / ton, and closed at 17535 yuan / ton, up 125 yuan
    .
    Today's Shanghai aluminum is running strongly, as the traditional peak season approaches, the downstream operating rate may further rise, but under the stimulation of high profits, the supply may increase
    .

    Shanghai aluminum

    In the market, today's Lun aluminum rushed back down, LME three-month aluminum Beijing time at 15:00 at 2255 US dollars / ton, down 22.
    5 US dollars, or 0.
    99%
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 17540-17580 yuan / ton, up 150 yuan; Guangdong South Reserve reported 17510-17570 yuan / ton, up 140 yuan; Hua reported 17630-17650 yuan / ton, up 140 yuan
    .
    Holders are reluctant to sell, the willingness to enter is not strong, the enthusiasm of large households to receive goods is average, and the transaction performance is average
    .

    Global economic recovery, monetary policy easing, inflation expectations continue to rise, domestic carbon neutrality long-term goal limits electrolytic aluminum production capacity, and Inner Mongolia energy consumption dual control limits production capacity reduction in the near future; In terms of fundamentals, arrivals continue to decline, and inventories are expected to decline, but aluminum prices are rising too fast, suppressing spot demand, and the risk of chasing up is greater
    .

    Aluminum prices continue to fluctuate at a high level, Baotou issued a dual-control red warning for energy consumption on Sunday, the document requires a number of electrolytic aluminum companies in Baotou City to stop production and limit production, carbon emission policy is expected to be strong, coupled with the Federal Reserve's decision to reiterate easing, but spot is still weak, there is no strong performance in the peak season, the transaction is general, the discount is not endless, making the aluminum price volatility strong
    .

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