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    Home > Chemicals Industry > New Chemical Materials > Brief review of the aluminum market on May 6

    Brief review of the aluminum market on May 6

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Aluminum market summary: During the domestic holiday, the continuous rise in aluminum inventory shows weak demand, during this period London aluminum fell 1.
    6%, oil prices under pressure dragged down the sentiment of the commodity market, it is expected that Shanghai aluminum is weak and volatile today, and aluminum or fall.

    Aluminum City

    The price of South China aluminum ingots in the South China Reserve is 14030-14130 yuan, the average price is 14080 yuan, down 110 yuan, the premium of the month is 10 yuan, the futures price is low, the sentiment of traders receiving goods is high, the source of circulation after the holiday is tightened, the transaction activity is limited, the mainstream transaction price is concentrated between 14060-14080 yuan, which is -20~0 yuan
    higher than the average price of South China.

    Nanchu East China aluminum ingot quotation 14060-14100 yuan, the average price of 14080 yuan, down 100
    .
    Yangtze River: 14070-14110, average price 14090, down 100
    .
    On the first trading day after the holiday, the futures price fell, the market circulation was abundant, the receiver inquired more, the spot quotation was gradually reduced, and the actual transaction was average
    .
    The transaction price is between 14050-14090 yuan, which is a premium of
    -30~0 yuan compared with the average price of South Reserve East China.

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