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Shanghai aluminum runs strongly, and power cuts and production restrictions provide support for rising prices

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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1 octen 3

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Today's Shanghai aluminum main month 2110 contract, open 21950 yuan / ton, the highest intraday 22535 yuan / ton, the lowest 21950 yuan / ton, settlement 21830 yuan / ton, the end of the close to 22475 yuan / ton, up 645 yuan
.
Today's Shanghai aluminum is running strongly, the disturbance of electrolytic aluminum supply side continues, Guizhou, Xinjiang, Guangxi electrolytic aluminum power limit production limit again, and due to the limitation of dual control of energy consumption, aluminum enterprises are difficult to resume production, providing support
for the rise in aluminum prices.

Shanghai aluminum

Today's London aluminum is on the strong side, LME three-month Beijing time at 15:01 at 2838 US dollars / ton, up 47 US dollars, or 1.
68%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River was 22210-22250 yuan / ton, up 470 yuan; Guangdong South Reserve reported 22300-22360 yuan / ton, up 450 yuan; Hua reported 22260-22300 yuan / ton, up 460 yuan
.
Holders are optimistic about selling goods at a high price, and the receiving party purchases at a low price, and the overall price is indifferent, and the trading atmosphere is cold
.

In terms of news, China's wholesale sales of new energy vehicles in August reached 304,000 units, a year-on-year increase of 202.
3%, a month-on-month increase of 23.
7%, retail sales reached 249,000 units, a year-on-year increase of 167.
5%, a month-on-month increase of 12.
0%, to a certain extent, driving aluminum consumption, superimposed on the supply side continued to limit power production and energy consumption dual-control interference, electrolytic aluminum production declined, while aluminum ingot inventory declined, now aluminum or rise
.

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