SMM Weekly Review: Spot arbitrage brings demand increment under tight balance pattern, spot prices remain strong and volatile. This week, driven by macro sentiment and UK-US sanctions on Russian metal products, aluminum futures prices surged on Monday, opening a window for spot-arbitrage, boosting the demand for delivery products to a certain extent in the northern spot aluminum market. The market should continue to pay attention to the transmission of futures prices to the spot market, with holders of delivery products showing reluctance to sell in the second half of the week due to tight delivery capacity in Xinjiang. However, traders are also cautious in accepting deliveries, leading to weak transactions. On the supply side, expectations of resuming production at some aluminum factories in Shanxi region may bring incremental supply in the short term. SMM expects the tight balance pattern of domestic aluminum to continue in April, with spot prices likely to remain strong and volatile. From a technical perspective, models and analysts predict...
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.