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    Home > Chemicals Industry > New Chemical Materials > The pressure of the macro environment is greater, and the price of Shanghai aluminum is high and low

    The pressure of the macro environment is greater, and the price of Shanghai aluminum is high and low

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2207 contract, opening 19740 yuan / ton, the highest intraday 19955 yuan / ton, the lowest 19400 yuan / ton, settlement 19715 yuan / ton, the end closed at 19430 yuan / ton, down 285 yuan, down 1.
    45%.

    Shanghai aluminum

    Today, Lun aluminum fluctuated to the downside, and the LME reported at $2493 / ton at 15:01 Beijing time for three months, down $37, or 1.
    44%,
    from the settlement price of the previous trading day.

    Today's Shanghai aluminum opened high and low, the macro market was full of disgust, non-ferrous metal prices were generally frustrated, Shanghai aluminum prices continued to fall, superimposed on the supply side continued to increase, the demand side is still slowly repairing, and Shanghai aluminum maintained a volatile trend
    in the short term.

    Today's spot trading price of Yangtze River is 19750-19790 yuan / ton, down 90 yuan, 5-45 liters; Guangdong spot 19730-19790 yuan / ton, down 100 yuan, discount 15-liter 45; Hua reported 19800-19840 yuan / ton, down 90 yuan
    .
    Today's market circulation is active and abundant, the shippers' shipments are not smooth, the market continues to fall, the receiving sentiment is not high, the goods are received at a low price, and the overall trading performance is average
    .

    In terms of domestic supply, the resumption of production in the first quarter and the continuous increase in new production capacity increased primary aluminum production
    .
    According to SMM data, the domestic electrolytic aluminum operating capacity in May was about 40.
    6 million tons, and the weighted average complete cost (including tax) of the domestic operating electrolytic aluminum production capacity was 17644.
    2 yuan / ton, an increase of 1.
    87% month-on-month and 28.
    2%
    year-on-year.

    In terms of consumption, although a series of encouraging policies have been released one after another, the overall real estate data is relatively sluggish, and the performance of aluminum profile orders is weak; Shanghai car companies have fully resumed work and production, and the automotive sector is expected to be good; The performance of the new energy field continues to be impressive
    .
    Overall, the pressure of the macro environment is greater, and the growth rate of superimposed electrolytic aluminum supply is still expected to be greater than the demand, and the rebound of aluminum prices is expected to be limited
    .

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