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The steady progress of domestic resumption of production is favorable to support the strong shock of Shanghai aluminum

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2206 contract, opening 20820 yuan / ton, the highest intraday 21030 yuan / ton, the lowest 20750 yuan / ton, settlement 20735 yuan / ton, the end closed at 20870 yuan / ton, up 135 yuan, an increase of 065%.

Shanghai aluminum

Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2987 US dollars / ton, up 18 US dollars, or 0.
61%,
from the previous trading day's settlement price.

Today's Shanghai aluminum is strong and volatile, domestic stimulus real estate policies to be fulfilled, coupled with domestic supply to maintain stability, and demand has not improved significantly, but the aluminum ingot social library is still dematerializing, overseas inventory steady decline trend has not changed, short-term support aluminum prices

In terms of the market, today's spot trading price of Yangtze River is 20820-20860 yuan / ton, up 70 yuan, and the discount is 25-15; Guangdong spot 20790-20850 yuan / ton, up 50 yuan, discount 55-liter 5; Hua reported 20870-20910 yuan / ton, up 70 yuan
.
Spot circulation is relaxed, holders actively follow the price adjustment and shipment, receivers are generally enthusiastic about purchasing, wait and see less mining, and the transaction is slightly light
.

At present, affected by the epidemic, transportation is still hindered, downstream demand season is not strong, and production continues to release, will inhibit the price rebound, but the domestic resumption of production is steadily advancing, favorable policies are promoting, short-term aluminum prices are supported by destocking, and aluminum or rise
.

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