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Color: weak downstream demand performance 6 now aluminum or went sideways

by:Deyuan      2020-12-23
Today aluminum market abstract: putting pressure on the dollar index rose overnight aluminum fell $2, and the global economic outlook worries remain, performance weak downstream demand, prices upward pressure, material today Shanghai aluminum sideways, aluminum or went sideways.

the futures market, helped by factors such as trade optimism, putting pressure on the dollar index rose aluminum, aluminum London late fall, the latest closing price is $1808 / ton, down $2, or 0. 14%, volume 16727 hand cut 6912 hand, holdings of 7629399 an increase of 5020 hands. Night Shanghai aluminum high low, 1912 contract main month latest closing price 13940 yuan/ton, down 15 yuan, or 0. 11%.

London metal exchange ( LME) November 5, Aaron aluminum latest inventory to 951275 tonnes, compared with the previous trading day to reduce 2625 metric tons, by 0. 15 trading day down 28%, the most recent 3. 51%.

the Yangtze aluminum net news: November 5, the domestic spot prices rose, the Yangtze river nonferrous net spot AOO aluminium ingot price to 14130 yuan/ton, up to 60 yuan. Chinalco in east China AOO aluminium ingot price to 115090 yuan/ton, up to 60 yuan. The global economic outlook worries remain, performance weak downstream demand, prices upward pressure on unabated. At present domestic to library situation continue but slow decline in performance, 4 aluminium social inventory is reduced by 1 on Thursday. 20000 tons to 85. 80000 tons, is expected today Shanghai aluminum sideways, spot prices or price is not big. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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