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Day review: restart overcapacity fears renewed price pressure weaker trend

by:Deyuan      2020-12-23
International market: the United States in June IBD and the university of Michigan consumer confidence index did not attain to the value of the dollar index after back slightly, today's aluminum rose slightly, support on above $1600. Beijing time 17:27, LME3 three-month aluminum $1580, a rise of $6 in the last trading day.

( ) Domestic market: today Shanghai aluminum 1608 contracts opened 11805 yuan, main month low intraday high of 11960 yuan, 11740 yuan, close to 11850 in late, than the previous trading day up 95 yuan/ton. Capacity to restart the news that the excess supply aluminum market fears renewed, short-term investor risk aversion is high, the Shanghai aluminum slightly higher today, after the market temporarily not clear direction, is expected to maintain short-term price volatility.

the spot market: today's spot price is 12210 - 12250 yuan/ton, flat; Guangdong south store at 12240 - 12340 yuan/ton, up 40 yuan/ton; China reported 12320 - 12340 yuan/ton, flat; Stock clinch a deal the average price in 12200 - at home 12240 yuan/ton. Now aluminum stabilizing today, the shipper of shipment, but only a small amount of receiving middlemen, downstream on-demand procurement is given priority to, the whole deal.

news both at home and abroad:

1, ningxia qingtongxia aluminum energy third electrolytic factory production management in line with quality is benefit, quality is life of management idea, in improve the quality of aluminium. Through various forms, practical and effective quality management activities, the liquid aluminum. 99. More than 70 rate increased compared to the 2. 38%.

2, because the market demand is great, aluminum alloy doors and Windows industry in our country has a broad development prospects. Optimistic about the prospects that continued for many years, however, there are a lot of investors poured into the industry of window of aluminium alloy door, so that the increasingly heated competition in the market. Many investors in order to implement differentiated competition, from the big industry of window of aluminium alloy door dig a new blue ocean & ndash; — High-end luxury doors and Windows, aimed at the target consumers of high-end crowd.
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