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Weak day review: news bearish market prices

by:Deyuan      2020-12-25
International markets are: Aaron aluminum stocks declining to provide support for aluminum prices, today's aluminum rose slightly, support on above $1650. Beijing time, roar, aluminum 1610 LME3 months period. 2 at $5 a day increases. Five dollars.

( ) Domestic market: today Shanghai aluminum 1608 contracts opened 11850 yuan, main month low intraday high of 11880 yuan, 11765 yuan, close to 11870 in late, than the previous trading day down 40 yuan/ton. America API crude oil inventories unexpectedly increased oil price behavior under the add pessimistic tone metal market, today's Shanghai aluminum slightly lower, at present the market news surface bearish, aluminium or will continue to remain volatile.

the spot market: today's spot price is 121980 - 12220 yuan/ton, down 10 yuan/ton; Guangdong south store at 12210 - 12310 yuan/ton, down 50 yuan/ton; China reported 12290 - 12310 yuan/ton, down 10 yuan/ton; Stock clinch a deal the average price in 12170 - at home 12210 yuan/ton. Now aluminum fell today, the shipper of positive shipment, but the dealer and the downstream still is given priority to with on-demand procurement, with lighter volume.

news both at home and abroad:

1, the shipbuilding field in recent years, the demand for aluminium is equal to the automotive industry. Car, heavy truck, aircraft, trains and ships, such as the rise in demand also boost demand for rolling and extrusion aluminium products. ExxonMobile company said, in fact, aviation, Marine and rail transit use aluminum increased to some extent, combined with the energy demand to 2040 young level car consumption will grow by 50% in 2015 to 85%.

2, now most of the computer or mobile phone products, all is the use of aluminum alloy as the main body material, because the weight of the aluminum has excellent strength ratio, let equipment not overweight, also has certain rigidity. And now you have the latest research, said the U. S. naval research laboratory has developed fully transparent aluminum.
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