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The high decline of Shanghai aluminum still maintained a volatile trend

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2112 contract, opening 19560 yuan / ton, the highest intraday 19730 yuan / ton, the lowest 19230 yuan / ton, settlement 19490 yuan / ton, the end of the close to 19240 yuan / ton, down 250 yuan, down 1.
28%; The trading volume of the main 2112 contract of Shanghai aluminum decreased by 126505 lots 347551 lots throughout the day, and the position volume of 178109 lots increased by 9953 lots
.
Today's Shanghai aluminum high fell, coal prices fell sharply during the day, aluminum prices were dragged down by this, and downstream demand is still weak due to downstream power cuts, aluminum prices still maintain a volatile trend
.

Shanghai aluminum

Today's Lun aluminum weak operation, LME three-month Beijing time at 15:01 at 2650 US dollars / ton, down 47 US dollars, or 1.
72%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River was 19150-19190 yuan / ton, down 240 yuan; Guangdong South Reserve reported 19250-19310 yuan / ton, down 190 yuan; Hua reported 19220-19260 yuan / ton, down 240 yuan
.
Holders adjust prices up and down, downstream purchases on demand, the transaction situation is general, and the overall buying is light
.

The last period of aluminum inventory continued to rise to a new high of more than five months, the last period of aluminum inventory 307779 tons, an increase of 774 tons, the last period of aluminum warehouse receipt 171414 tons, an increase of 27999 tons, coupled with the real estate index all the way down, aluminum merchants cautiously wait-and-see, so the marginal improvement of consumption but the improvement is not obvious, now aluminum or rise and fall is limited
.

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