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June 21 Shanghai aluminum brief comment

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

Tags

aluminum level

long term evolution

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As of the close of 3 p.
m.
, the main 2207 contract of Shanghai aluminum closed up at 19780, up 95, or 0.
48%.

Shanghai aluminum

Recently, the domestic market is still running in the game of strong expectations and weak reality, and the market is expected to resume work and production under the gradual relaxation of the epidemic, but the actual consumption situation in recent days is not satisfactory, the monthly data of automobiles and real estate are not performing well, and the short-term aluminum price rebound momentum is expected to be limited in the context of weak reality, and Shanghai aluminum continues to pay attention to the 20,000 pressure level
above.

In the medium and long term, the weakening of the macro surface is still negative for aluminum prices, and the bottom of aluminum prices has not yet appeared.

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