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    Home > Chemicals Industry > New Chemical Materials > June 14 Shanghai aluminum afternoon comment

    June 14 Shanghai aluminum afternoon comment

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    The Shanghai aluminum main 1908 contract opened at 13955 yuan / ton at night, and after the opening it rose slightly, then went down the downward channel, and the hourly line fell below the position of the main moving average group, and finally closed at 13910 yuan / ton
    .
    Shanghai aluminum maintained a sideways trend, and it is expected to run at 13800-14200 yuan / ton within the day, and the spot pair is 0-20 yuan / ton
    for the month.

    Shanghai aluminum

    The AOO aluminum ingot price in East China was reported at 14,080 yuan / ton, down 20 yuan
    .
    The speed of aluminum ingot destocking has slowed down significantly, aluminum rod inventory has begun to accumulate, lack of substantial positive support, and concerns about the demand outlook have hindered the upside of aluminum prices, and spot aluminum prices are expected to fall
    slightly today.

    Lack of favorable boost, Shanghai aluminum shock fell slightly today, as of the close, Shanghai aluminum 1907 contract closed down 0.
    5% to 13935, down 70 from the previous trading day; Entering the traditional consumption off-season in June, the demand for aluminum market has gradually weakened, and the support for aluminum prices is limited
    .
    And the domestic electrolytic aluminum destocking trend has narrowed, aluminum prices rise momentum is insufficient, short-term consumption is difficult to improve, the overall trend of aluminum prices is weak, Shanghai aluminum material repeatedly tested around the 14,000 mark, below pay attention to the 13,800 mark support; for the time being; it is expected that next week's spot aluminum prices will fall, the range is about
    50.

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