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    Home > Chemicals Industry > New Chemical Materials > December 29 aluminum market noon review

    December 29 aluminum market noon review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: U.
    S.
    oil continued to rise, overnight Shanghai aluminum closed up 80 yuan; The overseas epidemic and non-farm payrolls are weaker than expected to suppress nonferrous metals, European electricity prices soared to support aluminum prices, and aluminum ingot social library continues to decline, and aluminum is expected to rise
    today.

    Aluminum City

    Coal rose overnight, and after rising in the daily session of Shanghai aluminum, it opened slightly higher overnight to close at 19840
    .
    Shanghai aluminum trading positions are declining, and market sentiment is biased towards wait-and-see
    .
    Policy factors have led to inactive trading of Shanghai aluminum, but the fundamentals have improved, and the future market may continue to fluctuate upward with Lunaluminum aluminum
    .
    Upper pressure 22000, lower support 18500
    .

    Last week, due to the sharp rise in European natural gas prices, many European aluminum plants announced production reduction plans, reducing production capacity involving 300,000 tons, last weekend, the price of natural gas represented by the United Kingdom fell sharply, resulting in easing concerns about production cuts, aluminum prices have fallen, and continue to pay attention to the European energy situation
    .

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