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    Home > Chemicals Industry > New Chemical Materials > April 2 Shanghai aluminum morning review

    April 2 Shanghai aluminum morning review

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    On Friday evening, the main contract of Shanghai aluminum opened at 13765 yuan / ton, the aluminum price fell back below the daily average at the beginning of the session in a narrow range, the low touched 13705 yuan / ton, and then in the black series soaring boost, aluminum prices also rose strongly, the high once touched 13955 yuan / ton, and then long and short left the market one after another, long positions closed, Shanghai aluminum gave up part of the rise to close at 13885 yuan / ton, Shanghai aluminum index position increased by 1956 hands to 793792 lots, long
    positions increased.

    Shanghai aluminum

    Overnight, the Tariff Commission of the State Council decided to suspend the tariff reduction obligation for some imported goods originating in the United States, which will be implemented from April 2, 2018, and today pay attention to the impact of the event on the commodity market, and it is expected that the operating range of the main contract of Shanghai aluminum is 13800~13950 yuan / ton, and the spot discount is 100~60 yuan / ton
    .

    Due to the concentrated holiday, Lun Aluminum is closed continuously and opens tomorrow
    .
    Lack of external guidance, Shanghai aluminum night trading driven by the domestic metal close up, basically recovered the recent decline, due to the cost support below, Shanghai aluminum current fundamentals have certain signs of improvement, but high inventory, long and short continue to glue, it is expected that the short term will continue to test 14,000 yuan, continue to narrow consolidation
    .

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