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    Home > Chemicals Industry > New Chemical Materials > The spring market is still worth looking forward to, and the trend of aluminum prices is getting better

    The spring market is still worth looking forward to, and the trend of aluminum prices is getting better

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Last week, the trend of aluminum prices improved, with London aluminum rising by 1.
    1% and Shanghai aluminum rising by 3.
    7%; Although the accumulation phenomenon still exists, but the market has strong expectations for consumption after the year, aluminum prices are still worth looking forward to in the spring, it is expected that aluminum prices may maintain a high level of shock operation, Shanghai aluminum main focus on 1.
    5-16,000 range fluctuations, Lun aluminum focus on 1960-2060 range
    .

    Aluminum prices

    Last week, the fluctuation range of London aluminum was not large, and the overall trend tended to fluctuate slightly, with the highest intraday rise to $2006, a cumulative increase of about 1.
    1% over the previous week; The epidemic at home and abroad was controlled again during the week, and the market sentiment gradually stabilized, in addition, the bright performance of the US employment data also boosted market confidence to a certain extent, and the short-term trend of aluminum is still good, or continues to run strongly, you can pay attention to the volatility of the 1960-2060 range
    .

    In terms of the market, the Spring Festival is approaching, downstream enterprises have more holidays, market demand is small, and transactions are cold
    .
    East China: Although electrolytic aluminum inventory is still in the stage of accumulation of inventory, the market has higher expectations for the recovery of market demand after the holiday, and the stimulation of the new electricity price policy in Inner Mongolia, the aluminum price has moved up more obviously during the week, the overall operating range is 15010-15530 yuan / ton, as of Friday, the price is about 15510 yuan / ton, up 540 yuan from the previous Friday, and the spot has changed from a slight premium to a discount of 50 yuan
    。 South China: As of Friday, Foshan Nanhai aluminum ingot ticket price is between 15690-15790 yuan / ton, up 550 yuan from last week's Friday, local aluminum profile enterprises are mostly concentrated at the end of January holiday, market transactions are light, most enterprises choose to start work
    before and after the Lantern Festival.

    Near the Spring Festival, most aluminum companies have stopped work and production, the overall consumption has declined, but the market is still more optimistic about the market after the year, coupled with the recent release of new electricity price stimulus policies in Inner Mongolia, aluminum prices may be difficult to fall sharply a few years ago, the probability of continuing to fluctuate is large, whether it can continue to maintain a high level after the holiday still needs to pay attention to the rise in consumption and inventory changes, the main force of Shanghai aluminum can temporarily fluctuate in the range of 1.
    5-15,700, and it is expected that spot aluminum will maintain a high level of operation
    next week.

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