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    Home > Chemicals Industry > New Chemical Materials > The center of gravity of Shanghai aluminum moved up as a whole and returned to above 10,000

    The center of gravity of Shanghai aluminum moved up as a whole and returned to above 10,000

    • Last Update: 2023-02-01
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2302 contract, opening 18050 yuan / ton, the highest intraday 18265 yuan / ton, the lowest 18005 yuan / ton, settlement 17915 yuan / ton, the end closed at 18160 yuan / ton, up 245 yuan, up 1.
    37%.

    Shanghai aluminum

    Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2424 US dollars / ton, up 1 US dollars, or 0.
    04%,
    from the previous trading day's settlement price.

    In terms of the market, today's spot trading price of Yangtze River is 17970-18010 yuan / ton, up 130 yuan, discount 80-discount 40; Guangdong spot 178980-18040 yuan / ton, up 140 yuan, discount 70-discount 10; Hua reported 18030-18070 yuan / ton, up 140 yuan
    .
    The spot trading atmosphere is weak, and the holders have lowered their expectations to stimulate shipments, but most buyers have brand requirements and a small number of transactions
    .

    Industry news: Yun Aluminum has formed an electrolytic aluminum (primary aluminum) production capacity of 3.
    05 million tons
    .

    Today's Shanghai aluminum opened high, the center of gravity recovered, the dollar broke down for several days, supporting risk asset prices, coupled with China's open border to boost the market's strong expectations for metal demand recovery, coupled with the escalation of power cuts and production cuts in the southwest region, supply and production were less than expected, supporting strong price shocks, and Shanghai aluminum stood firm in the day
    .

    The escalation of domestic supply disturbances continues to support prices, as Guilu has recently received another load reduction notice, and the supply of electrolytic aluminum continues to shrink, which is estimated to affect 80,000 tons of production capacity, superimposed on the new and resumed production capacity has not yet released the increment, so that the overall supply is in a shrinking trend; The short-term speculative replenishment of the downstream brought a certain amount of optimism, and the center of gravity of Shanghai aluminum moved back to above Wanba, and aluminum is expected to rise
    .

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