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    Home > Chemicals Industry > New Chemical Materials > January 15 Shanghai aluminum brief comment

    January 15 Shanghai aluminum brief comment

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    As of the close of 3 p.
    m.
    , the main 2102 contract of Shanghai aluminum closed up at 14865, up 145, or 0.
    99%.

    Shanghai aluminum

    On the macro front, new social finance fell sharply in December, less than expected; The Biden administration plans to promote or exceed the $1.
    5 trillion economic stimulus package, the US economic recovery is expected to strengthen, US bond yields are rising, and the dollar is boosted
    .
    With the launch of Biden's new round of stimulus policies, market sentiment has returned to good, driven by it, the trend of Shanghai aluminum has gradually improved, but the current domestic fundamentals are still weak, and the reduction of orders and the accumulation of inventories have inhibited the upside
    of aluminum prices.

    On the whole, short-term aluminum prices or maintain a slight strong shock, but in the medium and long term, it is still necessary to continue to pay attention to the accumulation situation, the main force can temporarily look at the range of 1.
    47-15,100 range oscillation, the operation can be appropriately bought on demand or wait and see, it is expected that the spot aluminum trend will stabilize
    next week.

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