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    Home > Chemicals Industry > New Chemical Materials > October 13 aluminum market noon review

    October 13 aluminum market noon review

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: the United States wants to impose sanctions on Rusal, and Lun aluminum jumped more than 4% overnight; China's new energy vehicle production and sales data are eye-catching, consumption has improved under the silver peak season, and there is support below aluminum prices, and aluminum is expected to rise
    .

    Aluminum City

    During the holiday, overseas supply-side concerns intensified and the LME banned Rusal trading led by a strong rebound
    .
    According to the latest data, the domestic electrolytic aluminum social inventory after the holiday was 672,000 tons, an increase of 53,000 tons over the inventory on September 29, while the domestic aluminum ingot accumulated 47,000 tons
    during last year's National Day holiday.

    In the short term, the fundamentals of the domestic aluminum market are well supported, but there are many overseas macro uncertainties, and aluminum prices may show a wide range of volatility
    .
    In September, the new orders of the domestic aluminum downstream processing industry improved, and the orders at home and abroad improved month-on-month, and the comprehensive PMI index rose 12.
    4 percentage points month-on-month to 57.
    9, and as far as the current orders and production scheduling of enterprises are concerned, the downstream consumption of aluminum in October is still in a marginal state
    .

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