echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Production fell further, and Shanghai aluminum fluctuated at a high level

    Production fell further, and Shanghai aluminum fluctuated at a high level

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Today's Shanghai aluminum main month 2110 contract, open 21290 yuan / ton, the highest intraday 21390 yuan / ton, the lowest 21225 yuan / ton, settlement 21200 yuan / ton, the end of the close to 21255 yuan / ton, up 55 yuan
    .
    Today's Shanghai aluminum high volatility, Guangxi region to strengthen the dual control of energy consumption and resolutely curb the policy of the two highs, electrolytic aluminum production is again restricted, production capacity release continues to be disrupted, the price of aluminum has been greatly stimulated
    .

    Shanghai aluminum

    Today's Lun aluminum trend fluctuated, LME three-month Beijing time at 15:01 at 2692 US dollars / ton, down 10 US dollars, or 0.
    35%
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 21310-21350 yuan / ton, up 110 yuan; Guangdong South Reserve reported 21410-21470 yuan / ton, up 90 yuan; Hua reported 21360-21400 yuan / ton, up 100 yuan
    .
    The cargo holder ships at a high price, the receiver replenishes the goods at a low price, the trading atmosphere is better, and the overall trading volume is average
    .

    According to Italian media reports, the Eurallumina alumina refinery located in the Portovesme industrial zone on the southwest coast of Sardinia, Italy, is about to resume its operations
    after years of shutdown.
    The 1.
    05 million tonnes alumina plant was built in the 70s and is one of
    the largest alumina producers in Western Europe.

    Although the price of aluminum has been retraced under national regulation, it is affected by the dual control of energy consumption and the tightening of power rationing, and electrolytic aluminum is a major power consumer, and the release of production capacity continues to be disturbed, so that electrolytic aluminum production has further declined, superimposed on the current domestic social inventory is still at a relatively low level, and aluminum may rise
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.