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    Home > Chemicals Industry > New Chemical Materials > April 4 Shanghai aluminum morning review

    April 4 Shanghai aluminum morning review

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14115 yuan / ton, affected by the leakage of the external disk, bulls hedged, bears chased slightly, the main force of Shanghai aluminum probed, the low recorded 13960 yuan / ton, short short-term operation, the main force of Shanghai aluminum rebounded to close at 14015 yuan / ton
    .

    Shanghai aluminum

    The market focused on this week's non-farm payrolls report and Powell's speech, and from the previous strong economic data, the non-farm payrolls has the potential to
    boost the dollar in the short term.
    At the same time, China announced the first tariff list of US imports, followed by the United States issuing a list proposal to impose tariffs on Chinese products, and the intensification of Sino-US trade frictions will increase risk aversion
    .
    The day is the last trading day of the week, after which China will enter the Qingming holiday, during which due to greater uncertainty in the market, it is recommended that Shanghai aluminum take more profit and leave the market, and the new order is temporarily wait-and-see
    .

    Shanghai aluminum night trading dragged down by the domestic metal close, showing a slight decline, still standing firm at the 14,000 yuan mark, due to the cost support below, Shanghai aluminum current fundamentals have certain signs of improvement, but inventory is high, long and short continue to glue, is expected to continue to narrow consolidation around 14,000 yuan in the short term
    .

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