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Shanghai aluminum rushed back down in the short term, and the trend was relatively volatile

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2205 contract, opening 23150 yuan / ton, the highest intraday 23185 yuan / ton, the lowest 22900 yuan / ton, settlement 23055 yuan / ton, the end closed at 23030 yuan / ton, down 25 yuan, down 0.
11%.

Shanghai aluminum

In terms of external trading, today's Lun aluminum gap opened low, LME three-month Beijing time at 15:01 at 3602 US dollars / ton, down 23 US dollars, or 0.
62%
from the previous trading day's settlement price.

In terms of news, after the bullish sentiment brought about by the tension between Russia and Ukraine continued to vent, the impact of the nickel price turmoil has dissipated, and energy supply concerns have eased, but low inventories still support aluminum prices, and the price performance is stable and strong
.

In terms of the market, today's spot trading price of Yangtze River is 22870-22910 yuan / ton, down 100 yuan; Guangdong South Reserve reported 22890-22950 yuan / ton, down 90 yuan; Hua reported 22930-22970 yuan / ton, down 90 yuan
.
Under the tight supply of circulating goods, the holders are willing to sell at a high price, the receiver purchases at a low price, the transaction of high-priced sources is rare, and the overall transaction performance is good
.

Today's Shanghai aluminum rushed back down, domestic and foreign aluminum inventories continued to decline, the supply and demand pattern is still tight, but the domestic epidemic and high aluminum prices have inhibited demand to a certain extent, and the resumption of production of electrolytic aluminum plants has accelerated, and the trend of aluminum prices in the short term is more volatile
.

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