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    Home > Chemicals Industry > New Chemical Materials > The scale of production reduction has expanded slightly, and aluminum prices have stopped falling

    The scale of production reduction has expanded slightly, and aluminum prices have stopped falling

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Shanghai aluminum 1901 contract opened at 13815 yuan / ton, the highest price was 13835 yuan / ton, the lowest price was 13700 yuan / ton, and the closing price was 13710 yuan / ton, down 80 yuan / ton from the settlement price of the previous trading day, down 0.
    58%, 151386 lots were traded throughout the day, 273336 positions were held, and the daily increase was 9800 lots
    .

    Period aluminum

    In terms of inventory, LME aluminum stocks were 1070925 tons, an increase of 4,575 tons from the previous trading day, and the aluminum warehouse receipt of the previous period was 581397 tons, a decrease of 5,344 tons
    from the previous trading day.

    In terms of spot, the transaction price in Shanghai is concentrated at 13750~13760 yuan / ton, the discount for the month is 30 yuan / ton ~ discount 20 yuan / ton, the transaction price in Wuxi is concentrated in 13750~13760 yuan / ton, and the transaction price in Hangzhou is concentrated in 13750~13770 yuan / ton
    .
    Intraday aluminum rose, the price increased slightly from last week, and it was difficult for the downstream to agree with the price, because there was no rush to replenish on Monday, and the overall enthusiasm for receiving goods was not high
    .
    Shippers are actively shipping, but traders as a whole tend to ship to large
    households.

    In terms of alumina, Guiyang primary alumina quotation was 3140 yuan / ton, unchanged from the previous trading day; Shanxi first-class alumina quotation of 3200 yuan / ton, unchanged from the previous trading day; Henan first-class alumina quotation of 3200 yuan / ton, unchanged from the previous trading day
    .

    On the news front, U.
    S.
    policymakers released dovish comments and the dollar continued to fall, but the performance of the outer metals was divergent, and London aluminum closed lower
    .
    Domestically, Shandong Huayu Aluminum Plant responded to the government's instructions and stopped production of 100 electrolyzers at peak shift, involving 1/4 of the production capacity, about 50,000 tons, but other aluminum plants in Shandong have not received instructions for peak
    shifting.
    In the short term, the scale of production reduction has expanded slightly, and aluminum prices have stopped falling, but consumption expectations are still pessimistic, and there is no larger production reduction on the supply side, and it is difficult for the aluminum market to reverse the market
    .

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