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Brief review of the aluminum market on April 13

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

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Trump said that tariffs on China may not be implemented, the trade war cooled down and the Rusal incident continued to ferment, Lun aluminum continued to earn higher, Shanghai aluminum followed up, today's main 1806 contract broke through the 14500 mark, the highest intraday climbed to 14630, the end of the day closed up 1.
85% to 14580, up 265 from the previous trading day; Technically, the short-term Lun aluminum trend continues strongly, Shanghai aluminum or shock is strong, but considering the current price is high, and the aluminum market lacks substantial demand support, the rise is expected to be limited, and the upper focus is on the pressure level
of the 15,000 mark.

Aluminum City

Today's South China South China aluminum ingot quotation of 14390-14490 yuan, the average price is 14440 yuan, up 260 yuan, the holder of the high shipment, downstream cautious procurement, the overall market trading is flat, the mainstream transaction price is concentrated between 14410-14440 yuan, compared with the average price of South China - 30~0 yuan
.

Today's South Reserve East China aluminum ingot quotation of 14420-14460 yuan, the average price is 14440 yuan, up 280
.
Yangtze River: 14440-14480, 14460 up 280
.
Receivers are looking for lower sources, the quotation is slightly deadlocked, the transaction is warmer than yesterday, the transaction price is concentrated in 14430 yuan ~ 14460 yuan, compared with the average price of South Reserve East China - 10 ~ 20 yuan
.

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