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    Home > Chemicals Industry > New Chemical Materials > The main force of Shanghai aluminum is weak in operation, and the short-term is still mainly wait-and-see

    The main force of Shanghai aluminum is weak in operation, and the short-term is still mainly wait-and-see

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2108 contract, opening 18850 yuan / ton, the highest intraday 18940 yuan / ton, the lowest 18725 yuan / ton, settlement 18855 yuan / ton, the end of the close to 18800 yuan / ton, down 55 yuan
    .
    Today's Shanghai aluminum is running weakly, Yunnan and other places are slow to add new capacity, but the speed of destocking has slowed down, and the downstream is approaching the off-season, and consumer demand is weakening
    .

    Shanghai aluminum

    Today's Lun aluminum is on the strong side, LME three-month Beijing time at 15:02 at 2551 US dollars / ton, up 18 US dollars, or 0.
    73%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 18740-18780 yuan / ton, down 40 yuan; Guangdong South Reserve reported 18830-18890 yuan / ton, down 50 yuan; Hua reported 18810-18850 yuan / ton, down 40 yuan
    .
    The cargo holder sells the goods, and the receiver buys at the low, and the overall transaction is still average
    .

    Industry news, according to foreign media reports, from the Russian government press service confirmed that from August 1 to December 31 this year, aluminum produced in Russia will be subject to a 15% export tariff, aluminum plus $
    254 per ton.

    The 50,000 tons of reserves next month announced last week was basically in line with market expectations
    .
    The fundamentals are mixed, the latest inventory data shows that the speed of destocking continues to slow down, the impact of power cuts in Yunnan on the supply side is fading, some refineries are ready to resume production, and the consumer side is now at the end of the traditional peak season, and the downstream demand margin is weakening
    .
    In terms of price, since the supply and demand ends of aluminum will still benefit from the impact of the concept of "carbon neutrality" for a long time in the future, it is still recommended to treat it with a long idea in the cross-variety arbitrage strategy, and unilaterally it is also necessary to pay attention to the upcoming employment data in the United States on Thursday and Friday, when volatility may increase, and it is still recommended to wait and see in
    the short term.

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