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    Home > Chemicals Industry > New Chemical Materials > Brief review of Shanghai aluminum on September 22

    Brief review of Shanghai aluminum on September 22

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Driven by the continuous rise of the nonferrous outside market, today's Shanghai aluminum opened low and then rushed higher again, standing above 23,000 during the session, as of the close, the main 2111 contract of Shanghai aluminum closed up at 23080, up 465, or 2.
    06%.

    Shanghai aluminum

    On the macro front, due to the repeated epidemic, the growth rate of economic indicators in China and the United States has fallen, and US inflation is less than expected, and the uncertainty about the timing of the Fed's announcement of debt reduction has increased
    under Wall Street's speculation about the announcement of Taper in September.
    From a fundamental point of view, the supply-side locking trend remains unchanged
    .

    Recently, Jiangsu, Anhui and Guangdong have received mandatory power rationing notices, ordinary enterprises in some areas of Dongguan have requested a power outage for four days, and high-energy-consuming enterprises have been cut off for one week; Under the continuous power rationing and production requirements, the production and manufacturing of various enterprises have been affected to a certain extent, and the restrictions of electrolytic aluminum enterprises are more serious, under the further aggravation of the contradiction between supply and demand, it is expected that the subsequent aluminum price may still rise, the main focus is on the range of 2.
    3-23,500 range shocks, the operation can be bought on demand, it is expected that spot aluminum will rise
    tomorrow.

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