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Shanghai aluminum low volatility The overall trading situation is better

 Last Update: 2022-12-22
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2107 contract, opening 18350 yuan / ton, the highest intraday 18460 yuan / ton, the lowest 18235 yuan / ton, settlement 18470 yuan / ton, the end closed at 18280 yuan / ton, down 190 yuan
.
Today's Shanghai aluminum low volatility, affected by the Fed's hawkish attitude, the dollar index rose sharply; Domestic non-ferrous metal storage landed, and electrolytic aluminum social inventory continued to go to storage, but Yunnan electrolytic aluminum plant has gradually resumed production, in addition to downstream consumption off-season is coming
.

Shanghai aluminum

Today, Lun aluminum fluctuated in a narrow range, and the LME was reported at $2,364 / ton at 15:02 Beijing time for three months, down $22, or 0.
92%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 18350-18390 yuan / ton, down 170 yuan; Guangdong South Reserve reported 18570-18630 yuan / ton, down 160 yuan; Hua reported 18410-18450 yuan / ton, down 170 yuan
.
The holders hold the goods and sell them, the receiving party purchases at a low price, the enthusiasm of large households to receive the goods is acceptable, and the overall transaction situation is better
.

In terms of news, the Fed's hawkish bias superimposed on the domestic dumping boots landed, the precipitation in Yunnan gradually increased, the electrolytic aluminum plant suspended due to power rationing gradually resumed production, the smelting fee bottomed out, the consumption side is currently at the end of the peak season, and spot aluminum prices are expected to fall
.

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