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Aluminum tube and square

New futures: August 16, aluminum early review | | industry information

by:AAG     2020-11-07


new futures: August 16, aluminum early evaluation of sino-us trade tense situation, the global economic concerns and the dollar index high days of walking, depress the price of the metal, but because of China's shandong aluminium plant waterlogging on the influence of the factory is still the market focus, overnight outside dish aluminium concussion and mild closed up repeatedly, Aaron by three-month price closed at $1785 / ton. Domestic night plate of high and volatile, main 1910 contract closed at 14240 yuan/ton. Morning spot market active trading, on a cargo ship actively, brokers, traders receiving positive and downstream is still on the sidelines. Shanghai early mainstream clinch a deal the price fluctuates in 14180 yuan/ton, up to 14220 yuan/ton, after the futures premium around 20. Guangdong mainstream clinch a deal the price fluctuates in 14220 yuan/ton. Recent domestic macro data, economic worry. But the current domestic aluminum market consumption is still the doldrums, but in higher visibility, especially the weiqiao last weekend by waterlogging makes supply rebound have dispelled again. Aluminium is still affected by the event, short-term or remain high volatile. Advice on buying callback operation.
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