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    Home > Chemicals Industry > New Chemical Materials > April 13 Shanghai aluminum brief comment

    April 13 Shanghai aluminum brief comment

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum stop falling and rebound, the afternoon rise expanded, the main contract stood at 17500 after continuing to rise, the highest rise to 17820 yuan / ton, as of 3 pm, closed at 17740, up 325 yuan from the previous trading day, an increase of 1.
    87%, the trend is significantly better than other metals
    .

    Shanghai aluminum

    Aluminum prices are rising rapidly in the short term, and the willingness to stock downstream is suppressed, which is not conducive to the smooth transmission
    of aluminum prices in the industrial chain.
    Under the game of increment brought by the storage dumping policy and reduction brought by the carbon neutrality policy, aluminum prices are likely to follow the logic
    of demand fundamentals to promote destocking.
    Therefore, under the explosion of no unexpected factors, aluminum prices may continue to maintain a narrow range
    .

    Overseas, it is necessary to pay attention to the vaccination and epidemic control status in Europe and the United States, and pay attention to the progress of infrastructure projects in the United States, which may bring deviations
    from market expectations.
    In the short term, aluminum ingots open to destocking, but it is difficult to accelerate destocking, and the upward momentum of aluminum prices may gradually weaken.

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