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

    June 28 Shanghai aluminum brief comment

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's aluminum prices rose and fell, once fell during the session, but picked up again at the end of the day, as of the close of 3 p.
    m.
    , the main 2108 contract of Shanghai aluminum closed up at 18895, up 70, or 0.
    37%.

    Shanghai aluminum

    At present, with the gradual landing of the dumping of reserves, the first batch of 50,000 tons will officially start bidding on July 5-6, and it is expected to reach the terminal enterprises in mid-July, and the short-term impact on consumption may be small, and the destocking range may slow down but will continue; On the demand side, the current downstream small and medium-sized enterprises profit compression is more serious, orders are generally small, while large factory orders are more saturated, the overall volume has decreased compared with the peak season, and then with the continuation of the off-season, consumption may
    further weaken.

    On the whole, the current basic face of aluminum price support is still strong, Shanghai aluminum high trend is difficult to change, but considering that under the continuous pressure on the policy side and the weakening of the demand side, the upside of aluminum prices is not large, continue to pay attention to the 19,000 breakthrough, the upstream and downstream of the operation can be bargained just need to replenish, the merchants are high shipments, and it is expected that tomorrow's spot aluminum shock is stable
    .

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