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    Home > Chemicals Industry > New Chemical Materials > April 18 Shanghai aluminum morning review

    April 18 Shanghai aluminum morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Boosted by the strong boost of London aluminum during the European trading session on Friday, the main contract of Shanghai aluminum opened higher at 14670 yuan / ton on Friday evening, but the domestic weak fundamentals are obvious, continuing the characteristics of high opening and low walking, the low touched 14490 yuan / ton, closing at 14525 yuan / ton, the Shanghai aluminum index position decreased by 9038 hands to 825990 lots, long positions were mainly closed, it is expected that today's shock weak shock at 14350 ~ 14550 yuan / ton, spot discount 80 ~ 40 yuan / ton
    .

    Shanghai aluminum

    In terms of the market, today's spot trading price of Yangtze River is 14710-14750 yuan / ton, unchanged; Guangdong South Reserve reported 14670-14770 yuan / ton, up 30 yuan / ton; Hua reported 14810-14830 yuan / ton, flat; The average domestic spot trading price is between
    14710-14750 yuan / ton.
    Today, the current aluminum is stable, the cargo attitude of the holders is still positive, the middlemen and downstream enterprises maintain on-demand procurement, and the market transaction is average
    .

    Driven by the large continuous surge of the external market, Shanghai aluminum shows high opening and high going, but 15,000 yuan is obvious resistance, the current domestic inventory pressure is still severe, it is expected that Shanghai aluminum is unlikely to rush higher again, it is expected that today's Shanghai aluminum rally is expected to slow down, external strength and internal weakness pattern is still obvious
    .

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