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    Home > Chemicals Industry > New Chemical Materials > November 24 aluminum market morning review

    November 24 aluminum market morning review

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Aluminum market morning comment: the US dollar index has been strengthening for several days, and the overnight external metal has fallen across the board, and the three-month aluminum price on the London Stock Exchange closed down 0.
    98% to $1967.
    5 / ton
    .
    Shanghai aluminum night trading also fluctuated and pulled, the main 2012 contract closed at 15795 yuan / ton
    .

    Aluminum City

    The morning spot market still maintained a certain degree of activity, and holders showed a certain willingness to hold prices, but the price increase also made the enthusiasm to receive goods decreased
    .
    The mainstream trading price in Shanghai is around 15,980 yuan / ton, which is about 120 premiums over futures
    .
    The mainstream transaction price in Guangdong is around 16130 yuan / ton
    .

    Market sentiment gradually weakened in stages, the fundamentals of the domestic market have not changed, spot supply is still tight, futures warehouse receipts have fallen sharply again, and explicit inventories have fallen to the low level of the year, which makes it difficult for aluminum prices to fall
    sharply.
    Futures aluminum prices may fluctuate
    in stages in recent days.
    Operationally
    , it is recommended to wait and see.

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