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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum oscillation is strong, breaking through the recent consolidation range

    Shanghai aluminum oscillation is strong, breaking through the recent consolidation range

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2106 contract opened at 17995 yuan / ton, the highest intraday 18265 yuan / ton, the lowest 17910 yuan / ton, settled 18065 yuan / ton, and closed at 18215 yuan / ton, up 30 yuan
    .
    Today's Shanghai aluminum shock operation, the current supply concerns eased, but carbon neutrality has a continuous impact on the supply side, the recent inventory is still further destocked, the second quarter aluminum price is expected to continue to rise
    .

    Shanghai aluminum

    Today, LME three-month aluminum opened low and high, and the LME three-month aluminum Beijing time was reported at 2341 US dollars / ton at 15:01, up 20 US dollars, or 0.
    86%,
    from the settlement price of the previous trading day.

    In terms of the market, today's spot trading price of Yangtze River is 18110-18150 yuan / ton, up 20 yuan; Guangdong South Reserve reported 18160-18220 yuan / ton, up 10 yuan; Hua reported 18210-18230 yuan / ton, down 10 yuan
    .
    Cargo holders sell goods at a high price, large households are generally enthusiastic about receiving goods, and traders are mainly
    trading.

    Mengdong and Mengxi in Inner Mongolia have successively issued policies to limit electrolytic aluminum production capacity, and there are rumors that Xinjiang electrolytic aluminum production capacity may be affected
    .
    Under the goal of carbon neutrality, the growth of electrolytic aluminum supply is limited
    .
    The social stock of electrolytic aluminum continues to decline, and has now exceeded 1.
    2 million tons, and it is expected that the follow-up will still be destocked
    .
    From the perspective of the operating rate of processing enterprises, the operating rate continued to rise, orders improved significantly compared with the previous period, and the consumption of electrolytic aluminum in the second quarter remained unchanged
    .

    From the macro data in March, continue to verify that the economy is still running smoothly, in the context of the general rise of surrounding metals and the possible production of Xinjiang, aluminum prices broke through the recent consolidation range, the shock is strong, but the dumping is still an uncertain factor
    .

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