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    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai aluminum on August 9

    Brief review of Shanghai aluminum on August 9

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum shock rose slightly, as of the close of 3 pm, the main 2209 contract of Shanghai aluminum closed at 18540, up 115, or 0.
    62%.

    Shanghai aluminum

    In terms of news, it is understood that on August 9, an aluminum plant in Sichuan had a sudden accident, the enterprise electrolytic aluminum built a production capacity of 200,000 tons, in July the enterprise due to the tight electricity consumption in the province reduced production by about 10,000 tons, at the end of July operating capacity of 190,000 tons, the current production reduction area due to the accident or expanded, the impact of the accident is not yet clear
    .

    The European energy crisis, coupled with a slight increase in domestic social inventory, insufficient new orders on the demand side, and some downstream orders in the off-season in August are still in a downward trend, putting pressure
    on aluminum prices.
    Long-short game, short-term aluminum price shock probability is large, Shanghai aluminum main force temporarily pay attention to 18400-18800 range oscillation, medium and long-term weak thinking unchanged, it is recommended to ship appropriately; It is expected that spot aluminum prices will rise steadily
    .

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