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    Home > Chemicals Industry > New Chemical Materials > Lack of favorable boost Aluminum prices are difficult to change

    Lack of favorable boost Aluminum prices are difficult to change

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Last week, aluminum prices fell first and then rose, and the epidemic in Europe and the United States made aluminum prices fall, and Lun aluminum fell by 1.
    21%; The main force of Shanghai aluminum fell below 16,000, a weekly decline of 4%; Lack of favorable boost, Shanghai aluminum material shock is difficult to change, pay attention to 1.
    55-16,000; East China spot aluminum concern 1.
    6-16,500, wait and see; the other 25-28 days Lun aluminum closed market
    .

    Aluminum prices

    In terms of the external market, last week's European and American epidemic waves again, the British variant virus at the beginning of the week caused market panic, London metal generally fell, London aluminum followed the fall, intraday fell below the $2000 mark, the lowest down to $1984.
    5, as pessimism weakened, Lun aluminum returned to the 2000 mark, a cumulative weekly decline of 1.
    21%; In addition, from December 25 to 28, due to Christmas and Boxing Day closed, lack of favorable boost, it is expected that next week Lun aluminum shock probability is large, continue to pay attention to the 2000 mark support
    .

    The market supply is relatively abundant, the market is unstable, the downstream enterprises are heavier wait-and-see atmosphere, the purchase of the market is mostly reflected in Friday, the enthusiasm of traders to enter the market is acceptable, and the overall market transaction is average
    .
    East China: affected by the British variant virus, the market has panic, prices should fall, East China spot aluminum prices fell once reached 430 yuan / ton, then the mood has eased, aluminum prices rose, back part of the decline, as of Friday, East China spot aluminum between 16290-16330 yuan / ton, down 650 yuan / ton
    from last Friday 。 South China: As of Friday, the price of Foshan Nanhai aluminum ingot with tickets was between 16770-16870 yuan / ton, down 540 yuan / ton from last Friday, which was slightly converged compared with the decline in East China; The local market has a general supply of goods, aluminum prices continue to rise, downstream processing enterprises are cautious due to high prices, and market transactions are mostly driven by traders
    .

    Last week, Shanghai aluminum first fell and then rose, in the first half of the week affected by the European and American mutated epidemic, the main force of Shanghai aluminum fell below the 16000 mark, the lowest down to 15575, the spot is strong, so that the decline of Shanghai aluminum is limited, Shanghai aluminum main force to recover part of the decline, from the trend point of view, lack of favorable boost, and London metal 25-28 due to the Christmas holiday closed, lack of external guidance, domestic Shanghai aluminum material into a shock pattern, Shanghai aluminum main force 16000 mark blocked, whether it can continue to rise, need to pay attention to this threshold breakthrough, it is expected that next week Shanghai aluminum shock is difficult to change, Pay attention to the 15500-16000 range oscillation; Operate on the sidelines, or buy as needed
    .

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