 Home > Chemicals Industry > New Chemical Materials > February 1 aluminum market morning review

February 1 aluminum market morning review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

Tags

recycle aluminum cans

aluminum pans lids

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market morning comment: The rebound of the US dollar index and the cooling of macro optimistic expectations led to the general surge and retreat of external metals on Friday, and the three-month aluminum price on the London Stock Exchange closed down 0.
23% to $1977 / ton
.
Shanghai aluminum night trading bucked the trend, the market's optimistic expectations for post-holiday consumption triggered buying, the main 2103 contract as high as 15465 yuan / ton, closed at 15160 yuan / ton
.

Aluminum City

The spot market as a whole shows a certain enthusiasm for receiving goods, downstream into the market for stocking, and middlemen also join the procurement ranks
.
The recent decline in arrivals stimulated some purchases
.
The mainstream trading price in Shanghai is around 14980 yuan / ton, which is about 20 higher than futures
.
Guangdong receiving goods is not good, and the mainstream transaction price is around 14960 yuan / ton
.

Accumulation is less than expected and optimistic expectations for post-holiday consumption stimulate the bullish atmosphere, but the accumulation trend during the Spring Festival is difficult to change, and the risk of chasing is high
.
In the short term, it is recommended to wait
and see.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Raw Powder Wholesale 2,5-Bis(5-tert-butyl-2-benzoxazolyl)thiophene

CAS No.: 7128-64-5

Industrial Grade

$70-90/KG FOB

Triphenylphosphine;

CAS No.:

$88888-99999/MT FOB

4,4'-Stilbenedicarboxylic acid Manufacturer/High quality/Best price/In stock

CAS No.: 100-31-2

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.