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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum runs high to refresh the two-month high

    Shanghai aluminum runs high to refresh the two-month high

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2103 contract opened at 16025 yuan / ton, the highest intraday 16560 yuan / ton, the lowest 16025 yuan / ton, settled 16350 yuan / ton, and closed at 16510 yuan / ton, up 650 yuan
    .
    Today's Shanghai aluminum is running at a high level, refreshing a two-month high, the demand outlook after the holiday is good, there is a peak season expectation, the macro atmosphere is optimistic, and the metal is generally higher
    .

    Shanghai aluminum

    Today, Lun aluminum continued to be strong, LME three-month aluminum Beijing time at 15:00 at 2137 US dollars / ton, up 24.
    5 US dollars, or 1.
    16%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 16190-16230 yuan / ton, up 440 yuan; Guangdong South Reserve reported 16200-16260 yuan / ton, up 440 yuan; Hua reported 16300-16320 yuan / ton, up 440 yuan
    .
    Holders are slightly hesitant to sell, the enthusiasm for receiving goods is average, and the transaction is weak.

    Industry news, the latest report by the World Bureau of Metal Statistics (WBMS) shows that the global primary aluminum market was oversupplied by 1.
    546 million tons from January to December 2020, and 462,000 tons in 2019
    .
    Primary aluminum demand in 2020 was 64.
    77 million tons, down 422,000 tons from 2019
    .

    In terms of aluminum, the pre-holiday effect during the week was highlighted, and the sentiment of both sides of the shipment and receiver declined, but the quotation of the cargo holder was still relatively firm, and there was a slight reluctance to sell
    .
    From Monday to Wednesday,
    the market trading gradually decreased.
    It is necessary to pay attention to the circulation of
    the spot market after the holiday.
    Macro improvement superimposed on the accumulation range of domestic aluminum ingots or not exceeding market expectations, the trend of aluminum in the late holiday can still or to some support, but it is necessary to continue to pay attention to the impact of
    short-term sentiment fluctuations in the domestic supply and demand mismatch market after the Spring Festival.

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