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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon comment on March 28

    Shanghai aluminum afternoon comment on March 28

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Shanghai aluminum main force in the morning basically maintained yesterday's level, the overall change is not much, the current local inventory continues to decrease, the cost support below gradually strengthened, in the short term aluminum prices fall space is obviously limited, the current downstream demand continues to recover but still less than the peak season expectations, the two cities of inventory continue to be high, is expected to have a significant suppression of aluminum price rebound, with the start of the peak season, downstream manufacturers demand slightly improved, aluminum prices have a certain support, coupled with the trade war market sentiment eased, It is expected that Shanghai aluminum will maintain a narrow range between 13500-13800 yuan today
    .

    Shanghai aluminum

    In terms of the market, at present, the local arrival source continues to decrease, the market circulation source is limited, the enthusiasm of the holders to ship continues to improve, the downstream manufacturers are more active in low-level procurement, and the overall transaction is acceptable
    .

    East China market, aluminum will run
    in shock before noon of the month.
    Shanghai transaction concentration 13650 ~ 13670 yuan / ton, the discount for the month 70 ~ 60 yuan / ton, Wuxi transaction concentration 13650 ~ 13670 yuan / ton, Hangzhou transaction concentration 13650 ~ 13670 yuan / ton
    .
    Holders sell at a good price, middlemen are willing to receive goods actively, looking for low-priced sources, downstream enterprises purchase steadily, and the overall transaction is better
    .

    South China market, aluminum will run
    in the afternoon of the month.
    Today's Guangdong market transaction is concentrated in 13700 ~ 13730 yuan / ton, Guangdong-Shanghai price difference widened to around 90 yuan / ton, the price difference widened, the holder out of South China spot attitude positive, the period aluminum high trading is more positive, the price of 13720 yuan / ton is good to trade, but throughout today's overall transaction is general
    .

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