Aluminum Price

15-02-2023

  [Aluminum futures market] US CPI strengthened beyond expectations and continued to raise interest rates. Federal Reserve officials were buzzing, and the peak interest rate should be higher than 5%. The market risk sentiment cooled. The overnight aluminum shock weakened. The latest closing price was $2408/ton, closing down $18, down 0.76%. The trading volume was 14878, down 3767, and the position was 584266, down 924. In the evening, Shanghai Aluminum opened low and rose high after the opening of the market, and then repeatedly jumped sideways, falling straight for a while and pulling up for a while, and then plunged again at the end of the day to close down. The latest closing price of the main month 2303 contract was 18540 yuan/ton, down 15 yuan, down 0.08%.

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