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    Home > Chemicals Industry > New Chemical Materials > A brief review of Shanghai aluminum on September 17

    A brief review of Shanghai aluminum on September 17

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Today, the dollar index remained stable, and the non-ferrous metals market was mostly red
    .
    As of the midday close, except for international copper and Shanghai nickel, which fell by more than 1% and Shanghai copper fell by 0.
    85%, the rest of the metals recorded varying degrees of rise, and Shanghai aluminum rose by 0.
    13%.

    As of the afternoon close, the main 2111 contract of Shanghai aluminum closed at 22585, down 0.
    29%.

    Shanghai aluminum

    Following the notices issued by Yunnan, Guangdong, Guizhou and other places, Shaanxi and Jiangsu have also successively issued power rationing notices to major enterprises, requiring strict compliance with the dual control indicators of energy consumption, and the production capacity of electrolytic aluminum has intensified again during the year, driven by this core power, spot prices continue to rise; However, with the profit of long funds leaving the market and the market sentiment falling, aluminum prices fell under pressure into a pullback consolidation, and the two-day decline exceeded 1,000 yuan.

    Overall, supply and demand in the face of aluminum prices have a long-term positive effect, medium and long-term is still optimistic about the upward trend of aluminum prices, short-term in the favorable exhaustion of Shanghai aluminum or will continue to high consolidation, pay attention to the fluctuation range of 2.
    22-23,200, the operation can be bought on demand at the low, middlemen fast forward and fast out; it is expected that next week's spot aluminum shock will stabilize
    .

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