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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum short-term high is mainly strong shock

    Shanghai aluminum short-term high is mainly strong shock

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2204 contract, opening 22370 yuan / ton, the highest intraday 22915 yuan / ton, the lowest 22305 yuan / ton, settlement 22835 yuan / ton, the end of the close to 22855 yuan / ton, up 20 yuan, or 0.
    09%; The trading volume of the main 2204 contract of Shanghai aluminum decreased by 133298 lots 326843 lots throughout the day, and the position volume of 219170 contracts decreased by 739 lots
    .

    Shanghai aluminum

    Today's Lun aluminum trend is strong, LME three-month Beijing time at 15:01 at 3491 US dollars / ton, up 111 US dollars, or 3.
    28%,
    from the previous trading day's settlement price.

    Today's Shanghai aluminum weak shock, the end of the day, the implementation of new sanctions in Europe and the United States made the market worried about the interruption of Rusal supply, Lun aluminum rose 3.
    3%, but the domestic consumption side was less than expected, aluminum prices upward restrictions
    .

    In terms of the market, today's spot trading price of Yangtze River was 22680-22720 yuan / ton, down 120 yuan; Guangdong South Reserve reported 22680-22740 yuan / ton, down 120 yuan; Hua reported 22730-22770 yuan / ton, down 120 yuan
    .
    The supply of spot circulation increased, and shippers were highly motivated, while the receiver still focused on on-demand procurement at low prices, and the transaction performance was light
    .

    In the short term, the international situation is difficult to improve in the short term, LME aluminum prices will continue to be strong, it is expected that the import window is difficult to open, and the current domestic fundamentals have slightly dragged down the pace of Shanghai aluminum to rise
    .
    Driven by LME aluminum, it is expected that the aluminum price in March will mainly fluctuate at a high level, and it is not recommended to blindly chase higher, and beware of the price decline
    caused by the domestic consumption season not being as expected.

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