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Daily review: today's prices rose slightly limited upside

by:Deyuan      2020-12-25
International market: the dollar index down and the stock market rally support prices, today's aluminum rose slightly, support on above $1600. Beijing time, puts LME3 three-month aluminium 1565. At $5 a day 0. Five dollars.

( ) Domestic market: today Shanghai aluminum 1606 contracts opened 12000 yuan, main month low intraday high of 12045 yuan, 11955 yuan, close to 12035 in late, than the previous trading day up 85 yuan/ton. China's recent economic data show optimism boost investor confidence, today Shanghai aluminum rose slightly, but the market news surface lighter, afternoon aluminium upside or limited, recommends that investors can maintain wait-and-see attitude first.

the spot market: today's spot price is 11940 - 11980 yuan/ton, up 20 yuan/ton; Guangdong south store at 12030 - 12130 yuan/ton, rose 60 yuan/ton; China reported 12050 - 12070 yuan/ton, up 20 yuan/ton; Stock clinch a deal the average price in 11960 - at home 12000 yuan/ton. Today is aluminum rose slightly, the shipper of higher sale will actively, intermediaries and downstream feared high receiving strength is weakened yesterday, the overall deal worse than yesterday.

news both at home and abroad:

1, Alcoa association HeidiBiggsBrock, vice President of JoeQuinn warm reception the renewable resources union delegation. JoeQuinn, vice President of America was introduced in detail the development of the aluminum association, the association was founded more than 80 years, has 111 members, most of the member enterprise engaged in production and processing business, with recycled aluminum association's main goal is to promote the sustainable development of aluminum and aluminum in transportation, packaging materials, construction and so on various aspects of the application.

2, north American iron and steel workers union ( USW) Lodged a complaint to us regulatory authorities, said on Monday, hope to curb its called & other; The flood of & throughout; Aluminum imports, think this has on American producers to damage and threat to employment.
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