Today’s strong trend of Lunar Aluminum, LME three-month Beijing time 15:01 at $ 3491 / ton, compared with the settlement price of the previous trading day rose $ 111, or 3.28%.
Yangtze River Aluminum Network domestic market: Today the main month of Shanghai aluminum 2204 contract, opened at 22370 yuan / ton, the highest intraday 22915 yuan / ton, the lowest 22305 yuan / ton, settlement 22835 yuan / ton, the end of the close to 22855 yuan / ton, up 20 yuan, or 0.09%; Shanghai aluminum main 2204 contract volume of 326843 hands decreased by 133298 hands throughout the day. Position 219170 hands decreased by 739 hands. Today, Shanghai aluminum weak shock, the end of the closing sun, the implementation of new sanctions in Europe and the United States to market concerns about Russian aluminum supply disruption, LUNO jumped 3.3%, but the domestic consumption side is less than expected, aluminum prices are limited on the upside.
CCMN spot market commentary: today the Yangtze River spot transaction price 22680-22720 yuan / ton, down 120 yuan; Guangdong Southern Reserve reported 22680-22740 yuan / ton, down 120 yuan; China informed 22730-22770 yuan / ton, down 120 yuan. Spot circulation sources increased, shippers are active, while the receiving party is still pressured to purchase mainly on demand, transaction performance is light.
Post time: Feb-28-2022