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June 20 Shanghai aluminum brief comment

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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sandpaper aluminum

grinding aluminum

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As of the close of 3 p.
m.
, the main 2207 contract of Shanghai aluminum closed down at 19510, down 165, or 0.
84%.

Aluminum prices fell back during the day, and Lun aluminum fell below the support of $2500 again, while Shanghai aluminum closed almost below the 19500 mark
.

Shanghai aluminum

Under the influence of the current comprehensive situation at home and abroad, short-term interest rate hikes and the negative sentiment impact of the recession continue to disturb the recession of commodity prices, among which non-ferrous metals are also dragged
down.

At present, the small number of demand that can bring rebound opportunities for aluminum prices, in recent days performance is not satisfactory, the market expects that the end of the epidemic demand collective outbreak has not appeared, and most downstream feedback orders to increase the opportunity is still coming, it is expected that short-term aluminum prices still have the possibility of falling, the lower support or will move to 19,000, the operation is recommended to wait and see
.

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