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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum main force low operation market demand performance is weak

    Shanghai aluminum main force low operation market demand performance is weak

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2203 contract, opening 22670 yuan / ton, the highest intraday 22830 yuan / ton, the lowest 22185 yuan / ton, settlement 22970 yuan / ton, the end closed at 22715 yuan / ton, down 255 yuan, down 1.
    11%.

    Shanghai aluminum

    Today's London aluminum is weak and volatile, LME three-month Beijing time at 15:01 at 3203 US dollars / ton, up 4 US dollars, or 0.
    13%,
    from the previous trading day's settlement price.

    Today's Shanghai aluminum low operation, geopolitical risk aversion heating up, and last week's surge in aluminum inventory disturbed market sentiment, coupled with the domestic downstream resumption time of the north and south and scattered, market demand performance is weak, Shanghai aluminum took advantage of the situation to pullback
    .

    In terms of the market, today's spot trading price of Yangtze River is 22550-22590 yuan / ton, down 350 yuan; Guangdong South Reserve reported 22720-22780 yuan / ton, down 370 yuan; Hua reported 22610-22650 yuan / ton, down 350 yuan
    .
    Aluminum prices in the spot market continued to fall sharply, but the price was still high, and the receiver purchased a small amount, mainly trading at low prices, and the overall transaction was more general
    .

    At present, the tension between Russia and Ukraine has heated up the risk aversion in the market, and the Shanghai aluminum has taken advantage of the adjustment under the strength of the US dollar, coupled with the insufficient resumption of work downstream, the amount of goods received is still small, and the rapid decline in prices has also caused market holders to panic sell, and aluminum or fall.

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