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The short-term trend of Shanghai aluminum is volatile, and the market is afraid of heights

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

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metal prices today

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Today's Shanghai aluminum main month 2110 contract, opening 22600 yuan / ton, the highest intraday 22795 yuan / ton, the lowest 22425 yuan / ton, settlement 22650 yuan / ton, the end closed at 22585 yuan / ton, down 65 yuan
.
Today's Shanghai aluminum morning shock rise, the later plate shock downward, in recent days the energy consumption of the dual control upgrade, power restrictions and production restrictions intensified, electrolytic aluminum production continues to decrease, but downstream fear of heights appeared, superimposed on the NDRC frequent voice to continue to put reserves, short-term aluminum price volatility trend
.

Shanghai aluminum

Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2881 US dollars / ton, down 9 US dollars, or 0.
33%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 22720-22760 yuan / ton, up 20 yuan; Guangdong South Reserve reported 22750-22810 yuan / ton, stable; Hua reported 22770-22810 yuan / ton, stable
.
Holders generally ship goods at high prices, receivers actively enter the market to purchase, large households are generally enthusiastic about receiving goods, and the overall transaction activity is better than yesterday
.

Recently, news of power cuts has occurred frequently in various parts of the country, Guangdong, Guangxi, Guizhou and Yulin, Shaanxi and other places have successively received notices of power cuts and production restrictions, which has continued to worry about supply, but the market is afraid of heights, and the high price of aluminum has squeezed the profits of downstream primary processing links and more terminal consumption links, and aluminum may rise and fall limited
.

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