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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum shock rebound, the market is basically purchased on demand

    Shanghai aluminum shock rebound, the market is basically purchased on demand

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Thursday, Shanghai aluminum volatility rebounded, Shanghai aluminum 1902 contract traded at 13595-13700 yuan / ton, and closed at 13670 yuan / ton, up 0.
    07%
    on the day.
    In terms of external trading, as of 15:41 Beijing time, 3-month Lun Aluminum was reported at 1944.
    0 US dollars / ton, up 0.
    41% on the day, and the upper pressure level was focused on 1950.
    0 US dollars / ton
    .

    Shanghai aluminum

    In terms of the market, Shanghai aluminum spot price trading concentrated around 13550-13560 yuan / ton trading, the second trading stage of the opening late aluminum continued to rise, the market transaction price appeared 13560-13570 yuan / ton, but the activity is slightly lower than the first trading stage, the market almost one-sided to the flat water of the month, the next month has a sticker of 60-70 yuan / ton, Wuxi transaction price concentrated 13550 ~ 13570 yuan / ton, Hangzhou transaction price concentrated between 13570-13580 yuan / ton, The mainstream transaction price increased by more than 20 yuan / ton
    compared with the previous day.
    Some large households continue to maintain a large number of receiving paces, holders are active in clearing inventory shipments, traders are actively trading, downstream prices are calm, basically purchase on demand, and there is no obvious receiving behavior
    .

    On the news, the Asian dollar index was broadly volatile, now trading around 97.
    027, and Bank of America Merrill Lynch (BofAML) released the Fed interest rate decision forecast on Wednesday, saying that the Fed is expected to raise interest rates as scheduled next week, but the tone of the statement should be more dovish
    .
    In terms of industry, on December 13, Japanese trading company Marubeni Corporation said on Thursday that as of the end of November, aluminum inventories at Japan's three major ports fell 6.
    9% from the previous month to 295,400 tons
    .

    During the day, the Shanghai aluminum shock rebounded, some large households in the spot market continued to maintain a large number of receiving steps, the holders were active in clearing inventory shipments, traders traded actively, and the downstream held a calm attitude towards prices, basically purchasing on demand, and did not see obvious receiving behavior
    .

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