echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum opens high and goes high, and the market transaction activity is average

    Shanghai aluminum opens high and goes high, and the market transaction activity is average

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today's Shanghai aluminum main month 2106 contract opened at 19080 yuan / ton, the highest intraday 19450 yuan / ton, the lowest 19080 yuan / ton, settled 19290 yuan / ton, and closed at 19385 yuan / ton, up 500 yuan
    .
    Today's Shanghai aluminum opened high, peak season consumption performance is better, inventory maintains a dematerialization trend, supply growth space is limited, aluminum prices continue to refresh the stage high
    .

    Shanghai aluminum

    Today, Lun aluminum opened low and high, and the LME three-month aluminum was reported at 2471.
    5 US dollars / ton at 15:10 Beijing time, up 24 US dollars, or 0.
    98%,
    from the settlement price of the previous trading day.

    In terms of the market, today's spot trading price of Yangtze River is 19110-19150 yuan / ton, up 290 yuan; Guangdong South Reserve reported 19130-19190 yuan / ton, up 320 yuan; Hua reported 19240-19260 yuan / ton, up 320 yuan
    .
    The circulation of goods is sufficient, the transaction of low-price sources is better, the enthusiasm of large households to receive goods is general, and the transaction activity is average
    .

    The logic of domestic electrolytic aluminum inventory remains unchanged, and the aluminum inventory in the previous period last week decreased by 21,169 tons to 356609 tons, which has declined for three consecutive weeks, and social stocks are also in a downward trend; Imports will continue to arrive, but have little impact on supply, and spot aluminum prices are expected to rise
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.