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Color: downstream demand weak 13, aluminum or down now

by:Deyuan      2020-12-23
Today's aluminum market abstract: global equity markets a boost, London aluminum rose $3, upstream alumina production continues to increase, but weak downstream demand, price trend is difficult to improve, today Shanghai aluminum weak turbulence, aluminum or down now.

the futures market: global equity markets to boost market, London aluminum bottomed out, the latest closing price is $1781 / ton, up $3, or 0. 17%, reducing 1456, volume 12563 holdings 777912 hand cut 4586 hands. Night Shanghai aluminum low consolidation, main 1912 contract latest closing price 13810 yuan/ton, down 60 yuan, or 0. 43%.

London metal exchange ( LME) On November 12, latest inventory to 942125 metric tons of aluminum and increase from the last trading day of 1625 metric tons, increase of 0. 17%.

the Yangtze aluminum net news: on November 12, the domestic spot prices fell, the Yangtze river nonferrous net cash AOO aluminium ingot price to 13930 yuan/ton, down 170 yuan. Chinalco in east China AOO aluminium ingot price to 13970 yuan/ton, down 180 yuan. Upstream alumina production continues to increase, the electrolytic aluminium plant in a profitable condition is speeding up and put into production process, aluminum ingots late supply pressure is bigger, but weak downstream demand, price trend is difficult to improve, now is the Shanghai aluminum weak turbulence, aluminum or down now. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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