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    Home > Chemicals Industry > New Chemical Materials > April 21 aluminum market noon comment

    April 21 aluminum market noon comment

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: oil prices rebounded, overnight aluminum shock closed up 0.
    25%; In March, global aluminum production fell slightly, and domestic transportation gradually eased, and aluminum ingots began to destock, and aluminum may remain stable
    today.

    Aluminum City

    Thermal coal rose slightly overnight, and Lun aluminum fluctuated slightly to close the doji, opening slightly higher at $
    3267 today.
    Shanghai aluminum opened low and closed high at 21800
    in the night session.
    Shanghai aluminum trading declined, positions were stable, and market sentiment was biased towards
    neutrality.
    The armed conflict between Russia and Ukraine seems to be becoming more intense, and market uncertainty is high
    .
    Shanghai aluminum short-term volatility, medium term focus on the Shanghai epidemic, after the epidemic fundamental preferences
    .
    Upper pressure 24000, lower support 20000
    .

    In the short term, it is necessary to pay attention to the actual evolution of the epidemic after the resumption of work in Shanghai, especially the changes in the social treasury, that is, the game between the expectation of unblocking and the reality of unblocking, which has a greater impact
    on short-term funds.
    In addition, it is recommended to continue to pay attention to the situation in Russia and Ukraine, the road transport situation in various places, the pace of the Fed's interest rate hike and other factors
    .

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