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    Changjiang Nonferrous Metals: Weak demand continues and it is difficult to see improvement. Aluminum may fall on the 23rd

  • China Aluminium Network
  • Post Time: 2022/12/23
  • Click Amount: 2225
    【Aluminum Road Network】



    Changjiang aluminum price alu.ccmn.cn short comment: the US dollar strengthened, Lun aluminum closed down 0.15% overnight, the production reduction of precious aluminum has not yet had an actual impact, and downstream processing companies are more cautious in purchasing orders due to weak orders, and actual demand is still weak. Aluminum is expected to fall today .

    [Aluminum Futures Market] Strong employment data released on Thursday, coupled with an increase in U.S. third-quarter GDP data, indicates that the Federal Reserve will continue to actively raise interest rates, which will strengthen the dollar, while the U.S. stock market fell, and Lun aluminum fell overnight, z The new closing price was US$2,392/ton, down US$4, or 0.15%, with a trading volume of 8,362 lots, a decrease of 1,334 lots, and a position of 535,979 lots, a decrease of 4,022 lots. In the evening, Shanghai Aluminum fluctuated at a low level. The new opening price of the main month 2301 contract was 18615 yuan / ton, down 70 yuan, or 0.37%.

    On December 22, the new inventory of London Metal Exchange (LME) reported 473,000 metric tons of aluminum, a decrease of 8,175 metric tons or 1.70% compared with the previous trading day.

    Changjiang Aluminum Network News: On December 22, the spot aluminum price, the Changjiang comprehensive spot AOO aluminum ingot price was quoted at 18,825 yuan/ton, an increase of 50 yuan; the price of Chalco East China AOO aluminum ingot was quoted at 18,820 yuan/ton, an increase of 40 yuan. The production reduction of precious aluminum has not had an actual impact for the time being, mainly because electrolytic aluminum enterprises in Guizhou mainly produce molten aluminum, which has not had much impact on the regional balance of supply and demand; downstream processing enterprises are more cautious in purchasing orders due to weak orders, and are approaching the end of the year and the epidemic situation and other factors make most enterprises choose to Source:
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