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    Home > Chemicals Industry > New Chemical Materials > June 25 Shanghai aluminum brief comment

    June 25 Shanghai aluminum brief comment

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Non-ferrous metals rose to varying degrees in the overnight futures market, and Shanghai aluminum followed a slight recovery, maintaining range volatility
    .
    Today's aluminum price rose at a high level, as of the close of 3 pm, the main 2108 contract of Shanghai aluminum closed up at 18930, up 185, or 0.
    99%.

    Shanghai aluminum

    The US-Singapore infrastructure plan gradually reached a preliminary agreement, which once again formed a positive stimulus for the market and the macro situation picked up; From the perspective of supply and demand, after entering the off-season, Inner Mongolia, Shandong and Yunnan have pre-reduced production by more than 1 million tons, in which local governments have once again reiterated the carbon peak plan, requiring strict control of indicators, resulting in increased supply-side shortages
    .

    On the demand side, short-term consumption strength is still maintained, destocking continues to form further support for prices, it is expected that Shanghai aluminum or maintain a strong trend of volatility in recent days, the main force above the focus on 19,000 breaks, if not effectively broken, the follow-up existence may continue to fall, the operation can be temporarily wait-and-see, cargo merchants high shipments, it is expected that next week spot aluminum or first rise and then fall, the overall maintenance of the shock trend
    .

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