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Brief review of Shanghai aluminum on April 2

 Last Update: 2022-12-09
 Source: Internet
 Author: User

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Lacking guidance from the external market, Shanghai aluminum rose today, and rose again in the afternoon, with the main 1805 contract closing up 1.
89% at 13990, up 260 from the previous trading day; Technically, aluminum prices have rebound demand, and the credit slowdown at the beginning of the month, once again stimulated aluminum prices to rise, Shanghai aluminum is expected to break through the 14,000 mark, whether it can continue the rise in the market, later need to pay attention to the dynamics of the trade war, trade war does not cause trouble, aluminum prices are expected to continue to rise, above the 14500 mark pressure level
.

Shanghai aluminum

Today's South Reserve East China aluminum ingot quotation is 13730-13770 yuan, the average price is 13750 yuan, up 140
.
Yangtze River: 13710-13750, 13730 up 90
.
The procurement demand is high, the market supply is in short supply, and the overall transaction is good, and the transaction price is concentrated in 13740 yuan ~ 13790 yuan, which is -10~40 yuan
higher than the average price of South Reserve East China.

Today's South China South China aluminum ingot quotation of 13780-13880 yuan, the average price of 13830 yuan, up 150 yuan, consumption continues to pick up, procurement sentiment is high, aluminum prices are strong, traders are reluctant to sell, the mainstream transaction price is concentrated between 13820-13870 yuan, compared with the average price of South China - 10 ~ +40 yuan
.

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