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Global aluminum fundamentals are healthy
The main force of Shanghai Aluminum fluctuated downwards in the day, the bulls lightened up their positions, and the main contract was being shifted to a new month. The 03 contract closed down 0.64%. Baise has lifted the epidemic control in an orderly manner, the supply is expected to gradually r...Read more -
Summary of Russia-Ukraine conflict: how commodities will be affected
On February 17, the gunfire in eastern Ukraine once again stirred up the capital market changes. So the question is, how has the situation in Russia and Ukraine fermented in the near future? If the conflict breaks out, what impact will it have on various commodities? Summary of the recent situati...Read more -
Guangxi Baise orderly restores social order, electrolytic aluminum supply generally stable
On February 17, Xin Yongquan, deputy director of the Health and Wellness Commission of Baise City, Guangxi, informed that between 0:00 and 24:00 on February 16, there was one new confirmed indigenous case in Baise City, in Debao County. The new case was detected from close contacts at the central...Read more -
Baise orderly lifting control Overnight aluminum futures fall back
Overnight Shanghai aluminum main 2203 contract opened at 22645 yuan / ton, the lowest to 22360 yuan / ton, the highest price 22690 yuan / ton, closed at 22455 yuan / ton, down 230 yuan / ton compared to last year’s close, down 1.01%. Tuesday LUN aluminum morning opened at $3223/ton and clos...Read more -
The epidemic continues to hit the aluminum industry so electrolytic aluminum is rising every day
Since February, Guangxi Baise has been infested with the epidemic, causing a certain impact on the local aluminum industry. Financial news agency reporter recently research was informed that the Baise area implemented traffic control, regional seal control control, personnel screening and managem...Read more -
LME stockpiles increased significantly overnight Shanghai aluminum fell slightly
February 11Overnight Shanghai aluminum main force opened at 23300 yuan / ton, the highest touched 23365 yuan / ton, the lowest 22985 yuan / ton, and finally closed at 23135 yuan / ton, down 105 yuan / ton compared with yesterday’s end, down 0.45%, ending eight consecutive positive. On Thurs...Read more -
Global power prices higher 5 days now aluminum or a small increase
Oil prices higher to drive market popularity, overnight LUN aluminum closed up $19.5; global electricity prices continue to move higher, the supply side of the disturbance of aluminum output slowdown, the stockholders are now selling sentiment, today’s aluminum or a small increase. Aluminum...Read more -
Europe’s second largest aluminum plant to stop primary aluminum production
Alcoa Corp. plans to suspend primary aluminum production at its Spanish plant, Europe’s second-largest, for two years because of soaring energy prices in Europe. Last week, energy costs soared to a record high, putting the heavy industry under increasing financial pressure. Europe’s l...Read more -
Aluminum prices fell sharply on the 16th, the overall volume is better than the recent
CCMN International Market Comment: LME aluminum gapped and fluctuated lower today. The LME was reported at $2,623/ton at 15:01 Beijing time for three months, down $11, or 0.44%, from the settlement price of the previous trading day. Yangtze Aluminum Industry Net domestic market: Today, Shanghai ...Read more -
Environmental restrictions on electricity silicon and magnesium rose, downstream aluminum plant where to go
Just at the time of September, the market has been around the environmental protection, electricity restrictions “bad news”, even some manufacturers are hit by a double blow. In response to the above situation, my steel scrap aluminum team to different areas of the manufacturers to co...Read more -
North American Aluminum Price“lie down”
According to Caixin news agency, North America’s largest aluminum industry conference warned that the global aluminum supply tension will not be eased in the near future. At the Harbor Aluminum Summit held in Chicago on Sept. 8-10, the consensus view reached by participating producers, cons...Read more -
The Story Of Aluminum Supply
September 9th news; 2021 domestic and international aluminum prices rise can be described as “a ride”. As of Sept. 7, Shanghai aluminum prices hit a new high in 10 years, approaching the highs set in 2006 during the global economic peak. We believe that the rising logic of aluminum p...Read more
