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    Home > Chemicals Industry > New Chemical Materials > July 28 Shanghai aluminum brief comment

    July 28 Shanghai aluminum brief comment

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's aluminum price high volatility continued, as of the close of 3 pm, the main 2109 contract of Shanghai aluminum closed down at 19370, down 255, or 1.
    3%.

    Shanghai aluminum

    Near the end of the month, overseas macro data is about to be released, and next week the Fed interest rate meeting will be held, macro sentiment will dominate the price direction, in view of the repeated overseas epidemic, the probability of overseas policy tightening expected management is not large, but the marginal change in the attitude of members is also very critical, from the preliminary PMI value, the European and American economies are still recovering strongly, aluminum prices will continue to remain high
    .

    Due to traffic obstruction, the arrival volume has decreased, aluminum rod aluminum ingot inventory has declined at the same time, short-term inventory dematerialization on the price support effect still exists, but due to the recent re-spread of the epidemic, various places have once again increased control, market sentiment weakened, in addition, the Federal Reserve meeting has not yet had a clear policy launch, follow-up recommendations continue to pay attention, short-term material Shanghai aluminum or maintain a high level of volatility, below the support of 19,000, the operation can be bargain on demand buy, it is expected that tomorrow's spot aluminum shock is stable
    .

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