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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum rebounded slightly, and the upside was slightly weak

    Shanghai aluminum rebounded slightly, and the upside was slightly weak

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    On Thursday, the main monthly 1706 contract of Shanghai aluminum opened at 14255 yuan, with an intraday high of 14360 yuan and a low of 14085 yuan, and closed at 14350 at the end of the day, up 60 yuan / ton
    from the previous trading day.
    The shortage of supply in the global primary aluminum market from January to February shows that the inventory pressure has eased, and Shanghai aluminum rose slightly during the day, but there was no good news support, aluminum prices were weak to rise, and short-term Shanghai aluminum 14,000 support was obvious
    .

    Shanghai aluminum

    Abroad, the European Central Bank may still keep interest rates unchanged in the short term, the dollar index fell slightly, intraday aluminum benefited from the rise, and the upper support focused on $
    2,000.
    At 15:55 Beijing time, the LME 3-month aluminum was $1928.
    5, up $15.
    5 from the previous session
    .

    In terms of the market, the spot trading price of Yangtze River was 13920-13960 yuan / ton, down 150 yuan / ton; Guangdong South Reserve reported 13930-14030 yuan / ton, down 140 yuan / ton; Hua reported 14030-14050 yuan / ton, down 150 yuan / ton; The average domestic spot trading price is between
    13920-13960 yuan / ton.
    Aluminum fell again during the day, the willingness of holders to ship has converged, downstream enterprises have actively entered the market for procurement, and the overall transaction is active
    .

    In terms of industry, the official website of the World Bureau of Metal Statistics (WBMS) released a report on Wednesday showing that the global primary aluminum market supply shortage of 101,000 tons in January-February 2017 and 1.
    118 million tons
    in 2016.
    Global primary aluminum demand in January-February 2017 was 9.
    85 million tons, an increase of 1.
    018 million tons
    over the same period in 2016.
    From January to February 2017, global primary aluminum production increased by 971,000 tons compared with the same period in 2016
    .

    In terms of news, on the evening of April 19, Nanshan Aluminum announced its 2016 annual report
    .
    During the reporting period, the company achieved an operating income of 13.
    228 billion yuan, a decrease of 3.
    98% over the same period of the previous year; The net profit attributable to shareholders of the listed company was 1.
    313 billion yuan, an increase of 28.
    94% over the same period of the previous year; Achieved earnings per share of 0.
    14 yuan
    .
    The company's weighted average return on equity for the reporting period was 4.
    22%, an increase of 0.
    78 percentage points
    over the same period of the previous year.

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