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Color: global excess supply pressure to reduce 16 aluminum or edged up now

by:Deyuan      2020-12-23
Today aluminum city: the fall in the dollar a boost, London aluminum rose $11, chinalco delay guinea bauxite and put into production, will reduce the pressure of global excess supply aluminum, aluminum material today Shanghai strong finishing, aluminum spot or small gains.

the futures market: the pound against the dollar jumped to the highest level since may, the dollar index fell to boost prices, London aluminum rebound rise, the latest closing price is $1730 / ton, up $11, or 0. 61%, volume 10740, an increase of 913 hands, holdings 760033 hand cut 10490 hands. Night Shanghai leave high to go high aluminum, main 1912 contract latest closing price 13790 yuan/ton, up to 40 yuan, or 0. 29%.

London metal exchange ( LME) On October 15, Aaron aluminum latest inventory to 985900 tonnes, compared with the previous trading day an increase of 2300 metric tons, increase of 0. 23%, six sessions recently risen 2. 25%.

the Yangtze aluminum net news: on October 15, the domestic spot prices dipped, the Yangtze river nonferrous net spot AOO aluminium ingot price to 13780 yuan/ton, down 20 yuan. Chinalco in east China AOO aluminium ingot price to 13800 yuan/ton, down 20 yuan. Chinalco delay guinea Boffa bauxite production time, because of the climate of guinea, the project early development capacity is expected to be 12 million tons/year, delay or will reduce the pressure of global excess supply aluminum, aluminum is expected today Shanghai strong, spot prices or small gains. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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