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    Home > Chemicals Industry > New Chemical Materials > May 21 aluminum market afternoon review

    May 21 aluminum market afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Aluminum market summary: The WTO expects the slowdown in global economic growth in the second quarter to suppress the sentiment of the commodity market, overnight Lun aluminum fell 2.
    3% to hit a two-year low, the macro environment is unstable, aluminum prices are weak, and aluminum is expected to fall
    today.

    Aluminum City

    The opening of the month was mainly
    range-bound.
    Shanghai trading price between 14240-14250 yuan / ton, the price fell from last Friday around 35 yuan / ton, for the current month flat water ~ premium 10 yuan / ton, Wuxi spot transaction price between 14240-14250 yuan / ton, Hangzhou transaction price between 14260-14270 yuan / ton
    .
    After a large household opened the procurement mode in the morning, the trader recognized its purchase price, so the shipment was active, the transaction between the two sides exceeded 20,000 tons, and the traders and middlemen traded actively
    .
    Although spot aluminum prices have fallen for two consecutive days, today's downstream receipt has not been active, mainly
    on-demand procurement.
    Today, the overall transaction in East China is better
    .

    In the early afternoon, aluminum fluctuated in the month, and the transaction price in Guangdong today was concentrated around 14320-14330 yuan / ton, and the price difference between Guangdong and Shanghai rose to around
    80 yuan / ton.
    Today's trading enthusiasm among traders is higher than yesterday, receiving goods is more positive, and the downstream of Guangdong is basically purchasing on demand or holding a wait-and-see attitude
    .
    Overall, today's spot trading of aluminum ingots in South China is better than yesterday
    .

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