Jinan ZhongFu Aluminum Company Limited

Jinan ZhongFu Aluminum Company Limited

On the 19th, the aluminum price rose sharply, and the receiving party just needed to purchase

2022 01/19

CCMN international market comments: today, Lun aluminum fluctuated. LME reported at US $3022 / ton at 15:01 Beijing time in three months, up US $2 or 0.05% compared with the settlement price of the previous trading day.


Changjiang aluminum network's domestic market: the main monthly 2203 contract of Shanghai aluminum today opened at 21250 yuan / ton, with an intraday maximum of 21690 yuan / ton and a minimum of 21235 yuan / ton, and a settlement of 21195 yuan / ton. At the end of the day, it closed at 21555 yuan / ton, up 360 yuan or 1.70%; The daily trading volume of the main 2203 contract of Shanghai aluminum was 211100, an increase of 24635, and the position was 221867, an increase of 82133. Today, Shanghai aluminum has a strong trend, European energy problems still exist, domestic alumina prices rise, and the sharp rise of superimposed power coal has boosted the trend of aluminum prices. However, downstream consumption is expected to weaken during the Spring Festival holiday, with limited upward space for aluminum prices and short-term shocks.

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