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The trend of Shanghai aluminum is weak, and the pressure on the supply side is gradually increasing

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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Today's Shanghai aluminum main month 2102 contract opened at 15425 yuan / ton, the highest intraday 15490 yuan / ton, the lowest 15275 yuan / ton, settled 15395 yuan / ton, and closed at 15400 yuan / ton, down 55 yuan
.
Today's Shanghai aluminum trend is weak, social inventory has accumulated, market consumption in the off-season has weakened, and supply-side pressure has gradually increased
.

Shanghai aluminum

Today's London aluminum shock operation, LME three-month aluminum Beijing time at 15:00 at 2051 US dollars / ton, up 3 US dollars, or 0.
15%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 15660-15700 yuan / ton, down 10 yuan; Guangdong South Reserve reported 15730-15790 yuan / ton, flat; Hua reported 15780-15800 yuan / ton, flat
.
The enthusiasm of cargo holders has declined, there is no obvious change in supply and demand, the enthusiasm of large households to receive goods is general, and the transaction activity is average
.

Shanghai aluminum has a gradual stabilization trend during the day, and the overall volatility is small; As of the close of 3 p.
m.
, the main 2102 contract of Shanghai aluminum closed down at 15400, down 55, or 0.
36%.

As macro sentiment tends to stabilize, fundamental-led aluminum prices gradually return to a stable trend, short-term if the actual favorable policy is launched, aluminum prices or continue to fluctuate the market, spot can temporarily see how the 15,500 support effect is, operational suggestions can be high and appropriate shipments, it is expected that tomorrow's spot aluminum overall fluctuations are not large
.

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