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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum rose slightly The market transaction is relatively average

    Shanghai aluminum rose slightly The market transaction is relatively average

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    On Wednesday, the main monthly 1908 contract of Shanghai aluminum opened at 13915 yuan, with an intraday high of 13920 yuan and a low of 13870 yuan, and closed at 13910 at the end, up 35 yuan / ton
    from the previous trading day.
    Recently, aluminum prices have rebounded, middlemen trading is more active, today Shanghai aluminum rose slightly, the market is not favorable, aluminum prices maintain a volatile trend
    .

    Shanghai aluminum

    In the international market, higher crude oil prices led to a recovery in the commodity market, intraday aluminum edged higher, and the upper support focused on $
    1900.
    At 15:35 Beijing time, LME 3-month aluminum was $1,820, up $7/ton
    from the previous session.

    In terms of the market, the spot trading price of Yangtze River was 13910-13950 yuan / ton, up 40 yuan / ton; Guangdong South Reserve reported 13920-14020 yuan / ton, flat; Hua reported 14010-14030 yuan / ton, up 20 yuan / ton; The average domestic spot trading price is between
    13910-13950 yuan / ton.
    Aluminum rose slightly during the day, and the shippers shipped positively, but downstream enterprises still mainly purchased on demand, and the market transaction was relatively weak
    .

    Important news at home and abroad:

    1.
    Zouping City takes the brand building of "Shandong Aluminum" as the guide, extends the aluminum industry chain, expands and strengthens the high-end aluminum industry cluster, accelerates the construction of the development pattern of "one body and two wings", and strives to build a high-end aluminum base "core area"
    with leading quality, strong competitiveness and world renown.

    2.
    The General Office of the Henan Provincial Government issued the Action Plan for the Transformation and Development of the Aluminum Industry in Henan Province, proposing to compress the annual production capacity of electrolytic aluminum to 2.
    5 million tons
    by 2020.

    Shanghai spot aluminum ingot quotation 13880-13920 yuan / ton, the average price of 13900 yuan / ton, up 60 yuan from the previous trading day, the 1907 contract discount of 10 yuan / ton - premium 30 yuan / ton
    .
    Shanghai aluminum overnight volatility up, slightly down, give up part of the rise, traders on the July contract overreported in the rise of about 10 yuan / ton, the average spot price of aluminum ingots rose slightly from the previous day, downstream on-demand procurement, middlemen received goods weakened, market transactions are more general
    .

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