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Daily review: panic inhibit metals demand 26 prices fell

by:Deyuan      2020-12-23
The Yangtze river aluminum mesh ( alu。 。 cn) Domestic market: today Shanghai aluminum 1910 contracts opened 14280 yuan, main month low intraday high of 14335 yuan, 14185 yuan, in late 14215, the previous trading day down 70 yuan/ton. Sino-us trade tensions, the market panic inhibit metals demand, today Shanghai aluminum fell slightly, afternoon continue to shock trend.

the spot market: the Yangtze river the spot transaction price of 14240 - today 14280 yuan/ton, down 40 yuan/ton; Guangdong south store at 14220 - 14320 yuan/ton, down 50 yuan/ton; China reported 14340 - 14360 yuan/ton, down 60 yuan/ton; Stock clinch a deal the average price in 14240 - at home 14280 yuan/ton. Now aluminum fell today, hold shipment shipper of positive, but a small amount of replenishment, the downstream enterprises poor market clinch a deal.

news both at home and abroad:

1, as the cloud aluminum zhaotong hisin phase 3 cell production is completed, a marked the cloud first phase of the aluminum stock new hydropower project have been completed and put into operation, the cloud heqing overflow xin issue of 210000 tons of aluminum electrolytic aluminum production capacity, yunnan in 2019 of new electrolytic aluminium production capacity of more than 500000 tons.

2, customs data showed that July 48 aluminium and aluminium exports not forged. June month-on-month drop in exports of 70000 tons, 4. 50% decline for two consecutive months.

the Yangtze metal extraction solution network telephone: 0592 - 5668838
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