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    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai aluminum on August 3

    Brief review of Shanghai aluminum on August 3

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's aluminum price volatility pullback, as of the close of 3 pm, the main 2109 contract of Shanghai aluminum closed down at 19735, down 225, or 1.
    13%.

    Shanghai aluminum

    From the current macro point of view, due to the decline in the manufacturing PMI of China and the United States in July to varying degrees, bulls have taken profits, the market has turned to wait and see, and the central government's control policy on commodity prices has continued, and aluminum prices have come under pressure to pull back; In addition, the domestic epidemic has restarted in recent days, and various places have issued relevant policies to control the travel of personnel, and traffic has been seriously
    blocked.

    At the same time, it is understood that some large factories have issued a statement that delivery drivers need to hold a valid nucleic acid test within 48 hours before entering the factory to unload; In the current situation of slightly insufficient arrivals, it is expected that Shanghai aluminum will fall by a limited extent, and the main force will continue to pay attention to 19,500 supports, with reference to the shock range of 1.
    95-19,800; the upstream and downstream of the operation are temporarily wait-and-see, and the merchants will ship appropriately at high prices, and it is expected that tomorrow's spot aluminum will continue to fluctuate and fall
    .

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