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    Home > Chemicals Industry > New Chemical Materials > January 6 aluminum market noon comment

    January 6 aluminum market noon comment

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: boosted by supply concerns, Lun aluminum trend firmed overnight to close up $79; The European power crisis has pushed up the cost of aluminum smelting, overseas aluminum plants continue to reduce production, short-term aluminum prices are still supported, and aluminum may continue to rise
    today.

    Aluminum City

    Thermal coal fell slightly overnight, and Lun Aluminium rose sharply to close at $
    2,912, driven by high electricity prices in Europe.
    Shanghai aluminum opened high and rose sharply to close in Zhongyang at 20625
    .
    Shanghai aluminum trading positions are rising, and the market sentiment is optimistic
    .
    The trend of Shanghai aluminum is not very active, but the fundamentals are improving, and the market may continue to fluctuate upward with Lun aluminum
    .
    Upper pressure 22000, lower support 19000
    .

    European natural gas has risen again, and the scale of production cuts in overseas aluminum plants is still likely to
    expand.
    On the demand side, with the stability of credit policies, policies for stabilizing the real estate market in various places are frequently released, and the market has expectations for marginal relaxation in the real estate sector, and aluminum prices are expected to continue to be strong
    .

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