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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum high volatility The overall transaction of the market seems to be average

    Shanghai aluminum high volatility The overall transaction of the market seems to be average

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2205 contract, opening 21895 yuan / ton, the highest intraday 22200 yuan / ton, the lowest 21885 yuan / ton, settlement 21805 yuan / ton, the end closed at 21920 yuan / ton, up 115 yuan, or 0.
    53%.

    Shanghai aluminum

    In the external market, today's Lun aluminum volatility higher, LME three-month Beijing time at 15:01 at 3343 US dollars / ton, up 44 US dollars, or 1.
    32%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 22000-22040 yuan / ton, up 230 yuan, discount 65-discount 25; Guangdong South Reserve reported 22120-22180 yuan / ton, up 220 yuan; Hua reported 22060-22100 yuan / ton, up 230 yuan
    .
    The cargo holder shipped at a low price, the demand of the receiver was light, and only a small amount of low-price goods were replenished, and the overall transaction appeared to be general
    .

    Today's Shanghai aluminum high volatility, overseas energy prices continue to be high, coupled with the escalation of the geopolitical situation in Russia and Ukraine, driving supply risks to rise, coupled with the domestic steady growth policy continues to increase, providing strong support
    for aluminum prices to continue to strengthen.

    On the macro front, Turkey announced that it sent troops to Iraq, the local war crisis restarted, energy prices rose again to support metal prices, the fundamental situation, the supply side is still in a state of repair, I have not heard of aluminum plant production affected by the epidemic, although the marginal consumption is weak, but the market is expected to be strong in the peak season after the epidemic repair, it is expected that Shanghai aluminum prices will maintain range shocks, the operating range is 21000-23000, and the London aluminum price operating range is 3400-3700
    .

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