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Daily review: aluminium range market clinch a deal

by:Deyuan      2020-12-25
International markets are: Aaron aluminum stocks continued to reduce to provide support for aluminum prices, today's aluminum rose slightly, support on above $1700. Beijing time justice, LME3 three-month aluminium 1656. At $5 a day 3. Five dollars.

( ) Domestic market: today Shanghai aluminum 1609 contracts opened 12410 yuan, main month low intraday high of 12630 yuan, 12390 yuan, in late 12460, the previous trading day up 25 yuan/ton. British bonds and government bonds yield a record low for the global economic outlook is full of surprises, today Shanghai aluminum rose slightly, in the short term prices or continue to maintain the shock pattern, but there are still upside.

the spot market: today's spot price is 13010 - 13050 yuan/ton, up 130 yuan/ton; Guangdong south store at 13100 - 13200 yuan/ton, up 120 yuan/ton; China reported 13120 - 13140 yuan/ton, up 130 yuan/ton; Stock clinch a deal the average price in 13000 - at home 13040 yuan/ton. Today is aluminum rose sharply, the shipper on the above goods increase, but maintain on-demand procurement, downstream market clinch a deal.

news both at home and abroad:

1, the world's largest aluminium producer - - - - - - Russian aluminum joint company ( Russian aluminum) Aluminum alloy cable manufacturer, said on Wednesday, and China - - - - - - Hebei xin cable co. , LTD. , a total of combination battalion, company, engaged in cable and wire products, production and sales as well as research and development and to provide technical services and customer support.

2, connectkentucky aluminum ( Constellium) Announced plans for new production of aluminum alloy automobile part factory in Mexico. The new factory is located in SanLuisPotosí , can satisfy the Mexican auto industry management system of lightweight high strength aluminum accidents and the growing demand for automotive structural parts. Auto industry experts predict that by 2019 the annual output will reach 5 million cars in Mexico, making it one of the biggest market in automobile production.
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