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Today's Shanghai aluminum main month 2104 contract opened at 17520 yuan / ton, the highest intraday 17570 yuan / ton, the lowest 17145 yuan / ton, settled 17370 yuan / ton, and closed at 17310 yuan / ton, down 45 yuan
.
Today's Shanghai aluminum shock weakened, although LME aluminum inventory unexpectedly soared, but the accumulation of domestic aluminum ingot social inventory further slowed down, supply-side interference rose, and there was support
below aluminum prices.
Today, LME three-month aluminum opened high and low, LME three-month aluminum Beijing time at 15:00 at 2164.
5 US dollars / ton, down 21 US dollars, or 0.
96%,
from the previous trading day's settlement price.
In terms of the market, today's spot trading price of Yangtze River is 17350-17390 yuan / ton, unchanged; Guangdong South Reserve reported 17340-17400 yuan / ton, up 20 yuan; Hua reported 17460-17480 yuan / ton, up 10 yuan
.
The enthusiasm of large households to receive goods is general, and the downstream procurement is cautious, and the overall transaction is not good
.
On the supply side, the three smelters in Mengdong were affected by the government's energy consumption control, forced to partially reduce production, the current production capacity declined, and the crisis of production reduction due to energy consumption control in the province cannot be completely lifted in the short term and there is a risk of further expansion, while the regional new investment progress is expected to be affected during the year, although Yunnan will return to the new investment rhythm after the holiday, but the overall supply is expected to decline
compared with before.
At present, the peak season demand is expected to be good, inventory will return to decomposition, low inventory logic or reproduction, aluminum still has upside
.