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June 29 Shanghai aluminum brief comment

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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Today's Shanghai aluminum shock fell slightly, the main 1808 contract closed down 0.
32% to 14165, down 45 from the previous trading day; The suspension of the trade war, as well as the consumption off-season, the aluminum price into a volatile market, Shanghai aluminum 14,000 mark support is obvious, short-term is expected to maintain 1.
4-14,500 range volatility, limited rise and fall; it is expected that next Monday's spot aluminum will still fluctuate little
.

Shanghai aluminum

Today's South China South China aluminum ingot quotation of 14020-14120 yuan, the average price of 14070 yuan, down 60 yuan, the month of replacement of large households to receive goods, the end of the month traders are tight funds, the market is mainly shipments, the overall transaction is acceptable
.
The mainstream transaction price is concentrated between 14050-14080 yuan, which is a premium of -20~10 yuan
compared with the average price of South China Reserve.

Today's Nanchu East China aluminum ingot quotation is 13950-13990 yuan, the average price is 13970 yuan, down 70
.
Yangtze River: 13950-13990, 13970 down 40
.
The middleman is still active in receiving the goods, the holder is slightly reluctant to sell, and the transaction is
acceptable.
The transaction price is 13970 yuan ~ 14010 yuan, which is 0 ~ 40 yuan
higher than the average price of South Reserve East China.

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