 Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum shock closed higher, the overall market transaction is not good

Shanghai aluminum shock closed higher, the overall market transaction is not good

 Last Update: 2022-12-25
 Source: Internet
 Author: User

Tags

resume

natural gas description

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Today's Shanghai aluminum main month 2206 contract, opening 20800 yuan / ton, the highest intraday 21010 yuan / ton, the lowest 20710 yuan / ton, settlement 20710 yuan / ton, the end of the close to 20915 yuan / ton, up 205 yuan, or 0.
99%.

Shanghai aluminum

Today's Lun aluminum shock down, LME three-month Beijing time at 15:01 at 3093 US dollars / ton, down 23 US dollars, or 0.
75%,
from the previous trading day's settlement price.

Today's Shanghai aluminum is running strongly, European natural gas soaring again has caused smelter production reduction concerns, domestic policy expectations are expected to strengthen and aluminum ingots continue to destock, giving aluminum prices some support below, today's aluminum prices closed higher
.

In terms of the market, today's spot trading price of Yangtze River is 20820-20860 yuan / ton, up 110 yuan, discount 50-discount 10; Guangdong South Reserve reported 20870-20930 yuan / ton, up 60 yuan, discount 10-discount 70; Hua reported 20880-20920 yuan / ton, up 120 yuan
.
With the holiday approaching, holders generally sold for cash, and downstream warehouses were prepared on demand, but the trading atmosphere was weak and the overall transaction was not good
.

Domestic steady growth continues to make efforts to increase the power of replenishment of inventory for enterprises, downstream enterprises resume work and production and actively stock up, aluminum rods are better to destock, and new energy vehicle consumption expectations are optimistic, providing impetus for consumption, and aluminum or rising
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.