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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum stabilized at the end of the day after the shock, pay attention to the inventory changes before the holiday

    Shanghai aluminum stabilized at the end of the day after the shock, pay attention to the inventory changes before the holiday

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2103 contract opened at 14975 yuan / ton, the highest intraday 15155 yuan / ton, the lowest 14780 yuan / ton, settled 14970 yuan / ton, and closed at 14905 yuan / ton, up 15 yuan
    .
    Today's Shanghai aluminum shock after the end of the day stabilized, electrolytic aluminum and scrap aluminum supply increased, LME inventory continued to rise, but social inventory fell again to ease the pressure, pay attention to the pre-holiday inventory changes
    .

    Shanghai aluminum

    In the external market, today's Lun aluminum fluctuated downward, and the LME three-month aluminum was reported at 1985 US dollars / ton at 15:00 Beijing time, down 15 US dollars, or 0.
    75%,
    from the settlement price of the previous trading day.

    In terms of the market, today's spot trading price of Yangtze River is 14990-15030 yuan / ton, down 20 yuan; Guangdong South Reserve reported 14940-15000 yuan / ton, down 30 yuan; Hua reported 15090-15110 yuan / ton, down 20 yuan
    .
    Holders have shipped goods, but the enthusiasm for procurement is low, the enthusiasm of large households to receive goods is general, and the transaction performance is not satisfactory
    .

    Industry highlights, China's two major aluminum producers (Chinalco and Shandong Weiqiao) jointly issued the "Joint Initiative to Accelerate the Green and Low-carbon Development of the Aluminum Industry" and released a seven-point proposal on how the aluminum industry should seek emission reduction, energy conservation and production of low-carbon metals as part of
    the national plan to achieve carbon neutrality.

    Today's Shanghai aluminum main contract above 15,000 fell back in resistance, giving up gains, as of 3 p.
    m.
    , the 2103 contract closed at 14,905 yuan / ton, up 15, or 0.
    1%, from the previous trading day; The Spring Festival is approaching, downstream enterprises are gradually on holiday, consumption is weakening, the trend of accumulated inventory is difficult to change, the price rebound has been repeatedly blocked, and the short-term main force is still difficult to get rid of the 1.
    45-15,000 range
    .
    It is expected that aluminum prices may fluctuate
    weakly next week.

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