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    Home > Chemicals Industry > New Chemical Materials > March 25 aluminum market morning review

    March 25 aluminum market morning review

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: domestic storage news has not yet been confirmed, the external aluminum price rebounded on Wednesday, the London Stock Exchange three-month aluminum price rose 1.
    54% to 2248 US dollars / ton
    .
    Shanghai aluminum night trading gap opened high, the main 2105 contract closed above 17210 yuan / ton
    .

    Aluminum City

    The transaction volume of the spot market rebounded, the downstream actively entered the market for procurement, and the willingness of the holders to raise prices was strong
    .
    The mainstream trading price in Shanghai is around 17,090 yuan / ton, which is basically flat compared with futures
    .
    The mainstream transaction price in Guangdong is around 17090 yuan / ton
    .

    The peak season is approaching, domestic consumption is expected to rebound strongly, prices are falling back, and the enthusiasm for receiving goods downstream has increased significantly, which also reflects the strong
    demand for replenishment.
    However, downstream and terminal resistance to high aluminum prices still exists, inhibiting the price rebound
    .
    Short-term aluminum prices or range volatility are the mainstay, it is recommended to wait and see for the time being, but the inventory inflection point has come to do long opportunities
    .

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