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Under the long-short game, aluminum prices are more inclined to trade at low inventory levels (December 07, 2022)
- China Aluminium Network
- Post Time: 2022/12/8
- Click Amount: 551
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【Aluminum Road Network】
Recently, the operating capacity of electrolytic aluminum in China has increased slightly but the growth rate is small. The economic downturn has led to a number of aluminum processing companies reporting insufficient orders. However, the recent frequent signals of the slowdown of epidemic control have given the market a certain degree of confidence. With the approach of the interest rate meeting in December, there are still uncertain factors, coupled with the continuous off-season of aluminum consumption, it is difficult to boost the terminal demand, and the pressure of accumulation in the later stage is still there. On the whole, under the long-short game, aluminum prices are more inclined to trade at low inventory levels, continue to observe inventory, and purchase on demand. Source:
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