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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum bottom support is strong, intraday bottoming out

    Shanghai aluminum bottom support is strong, intraday bottoming out

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2206 contract, opening 20335 yuan / ton, the highest intraday 20670 yuan / ton, the lowest 20150 yuan / ton, settlement 20405 yuan / ton, the end closed at 20560 yuan / ton, up 155 yuan, or 0.
    76%.

    Today's Shanghai aluminum bottoming out, the bearish atmosphere is focused, metal is under pressure, domestic terminal consumption has not improved, but internal and external inventories are low, and the domestic social library this week is in a dematerialization trend, aluminum price bottom support is strong
    .

    Shanghai aluminum

    Today, Lun aluminum bottomed out and rebounded higher, and the LME reported at $2,857 / ton at 15:01 Beijing time for three months, up $32, or 1.
    13%,
    from the previous session's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 20490-20530 yuan / ton, up 110 yuan, discount 15-liter 25; Guangdong spot 20480-20540 yuan / ton, up 80 yuan, discount 25-liter 35; Hua reported 20540-20580 yuan / ton, up 110 yuan
    .
    Cargo holders shipped positively, receiver sentiment improved, trading activity was higher than yesterday, and the overall trading volume was acceptable
    .

    According to data from the World Bureau of Metal Statistics, the global primary aluminum supply from January to March 2022 was 47,000 tons, according to Chinese customs data on Wednesday, due to overseas price increases and weakening domestic consumption, China's aluminum imports in April fell by 37.
    7% compared with the same period last year, and terminal demand was light, real estate, automobile demand performance was weak, aluminum prices were under pressure, and aluminum or falling
    .

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