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    Home > Chemicals Industry > New Chemical Materials > February 15 aluminum market morning review

    February 15 aluminum market morning review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market early comment: the United States and Europe continue to noise the situation in Russia and Ukraine and threaten to increase sanctions against Russia to cause the market to worry about the obstruction of Russian aluminum exports, overnight aluminum prices rose again, London Stock Exchange three-month aluminum prices closed up 0.
    91% to 3228 US dollars / ton
    .
    Shanghai aluminum night trading first fell and then rose, the main 2203 contract closed slightly below 22645 yuan / ton
    .

    Aluminum City

    The overall performance of spot market trading is average, and downstream work has resumed one after another, but only on-demand procurement is the mainstay
    .
    Holders have lowered their quotations to increase shipments
    .
    The mainstream trading price in Shanghai is around 22,580 yuan / ton, which is about 60 lower than that of futures
    .
    The mainstream transaction price in Guangdong is around 22770 yuan / ton
    .

    The epidemic situation in Guangxi Baise has been brought under control and community control has begun to be lifted, and transportation is expected to resume soon, which is conducive to the temporary shutdown of electrolytic aluminum and alumina production capacity to resume operation and local aluminum ingots to resume supply to consumption areas, which to some extent alleviates domestic supply disruption concerns
    .
    However, the current overseas interference concerns still exist, supporting the strengthening of external aluminum prices and driving domestic aluminum prices
    .
    Short-term aluminum prices maintain or high volatility trend, it is recommended to operate in
    ranges.

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