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    Home > Chemicals Industry > New Chemical Materials > January 26 Shanghai aluminum brief comment

    January 26 Shanghai aluminum brief comment

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    The nonferrous line turned red across the day and the day, and Shanghai aluminum maintained a high level of volatility, as of the close, the main 2203 contract closed up at 21525, up 395, or 1.
    87%; On the plate, the current high trend of aluminum prices is gradually stabilizing, and the support at the 20-day moving average below is strong, but the upper pressure is also more obvious, and it is difficult to effectively break through
    at 22,000 in the short term.

    Shanghai aluminum

    From a macro perspective, the recent market focus is nothing more than two aspects: the turmoil on the Russian-Ukrainian border and the Fed meeting process, the tension between Russia and Ukraine has eased, and the market sentiment has improved
    .

    In the short term, the main factor affecting the volatility of aluminum prices is still what signal the Fed meeting will release, considering that interest rate hikes have been brewing for a long time, and interest rate hikes in March next year may be inevitable; In general, it is expected that the risk of aluminum price fluctuations will intensify in recent days, and the short-term may maintain a high level of volatility, and the fluctuation range refers to the 21200-21600 range, and it is recommended to wait and see
    operationally.

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