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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum shock downward It is appropriate to wait and see for the time being

    Shanghai aluminum shock downward It is appropriate to wait and see for the time being

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2103 contract opened at 14980 yuan / ton, the highest intraday 15030 yuan / ton, the lowest 14775 yuan / ton, settled 14880 yuan / ton, and closed at 14845 yuan / ton, down 115 yuan
    .
    Today's Shanghai aluminum shock downward, some downstream enterprises may open the holiday in advance, electrolytic aluminum re-accumulation, demand seasonally weakened
    .

    Shanghai aluminum

    In the external market, today's Lun aluminum opened lower and lower, LME three-month aluminum Beijing time at 15:00 at 2004.
    5 US dollars / ton, down 15.
    5 US dollars, or 0.
    77%
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 14940-14980 yuan / ton, down 80 yuan; Guangdong South Reserve reported 14870-14930 yuan / ton, down 70 yuan; Hua reported 15050-15070 yuan / ton, down 70 yuan
    .
    The circulation of goods is abundant, the demand performance is weak, the enthusiasm of large households to receive goods is general, and the transaction activity is poor
    .

    With the Spring Festival holiday approaching, small and medium-sized enterprises have gradually entered the holiday state
    .
    At the same time
    , the seasonal decline in infrastructure and cable demand is also dragging down the release of bar consumption.
    In the case of regional aluminum water consumption weakening month-on-month, the increase in the willingness of upstream aluminum enterprises to cast ingots may aggravate the accumulation expectation
    of the later inventory end.
    However, in the case of marginal decline in logistics and transportation efficiency due to rain and snow, epidemic, etc.
    , the short-term accumulation volume is less than expected or the adjustment of aluminum prices is limited, so it is appropriate
    to wait and see for the time being.

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