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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum trend is strong, the macro atmosphere is warm overall

    Shanghai aluminum trend is strong, the macro atmosphere is warm overall

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2106 contract opened at 18505 yuan / ton, the highest intraday 19000 yuan / ton, the lowest 18450 yuan / ton, settled 18740 yuan / ton, and closed at 18865 yuan / ton, up 430 yuan
    .
    Today's Shanghai aluminum trend is strong, the macro atmosphere is generally warm, inventory dematerialization is still continuing, the release of new production capacity is slow, and overseas market demand has recovered
    .

    Shanghai aluminum

    Today, LME three-month aluminum opened higher, LME three-month aluminum Beijing time at 15:01 at 2425.
    5 US dollars / ton, up 25.
    5 US dollars, or 1.
    06%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River was 18700-18740 yuan / ton, up 320 yuan; Guangdong South Reserve reported 18710-18770 yuan / ton, up 320 yuan; Hua reported 18820-18840 yuan / ton, up 330 yuan
    .
    Cargo holders cover the goods and sell, downstream fears heights and waits and sees, and the overall transaction is not happy
    .

    In terms of news, the peak season consumption expectation has not changed, aluminum ingots and aluminum rods have gone to the warehouse again, under the goal of carbon neutrality, the capacity and output awards of high-energy-consuming industries are limited, and spot aluminum prices are expected to rise
    .

    Subsequently, under the fundamental logic of tightening the marginal growth rate of supply, stable downstream starts, and a trend of destocking the social treasury, the bottom of aluminum prices is still supported
    .
    However, the current high aluminum price has also had an impact on the downstream procurement willingness, and the short-term performance of aluminum prices is volatile, but the long-term aluminum price trend center of gravity is still upward
    .

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