echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > June 7 aluminum market afternoon comment

    June 7 aluminum market afternoon comment

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Aluminum market noon comment: The repeated pledge incident in domestic warehouses before the Dragon Boat Festival caused credit concerns, increased outbound pick-ups, and temporarily stagnated
    trade.
    Post-holiday inventory data shows that the comprehensive inventory of aluminum ingots and aluminum rods fell by more than 30,000 tons in the past week, and the consumption repair was not good
    year-on-year.
    As Shanghai and Beijing resume work and production one after another, they continue to focus on the logic of epidemic repair, and Shanghai Aluminum continues to fluctuate and wait for destocking verification
    .

    Aluminum City

    In terms of overseas macro, the atmosphere warmed up, and Lun aluminum closed up 2.
    39% overnight; The increase in sanctions against Russia in Europe and the United States has raised concerns about supply shortages, but domestic terminal consumption is still dragged down by real estate, and aluminum is expected to fall
    slightly today.

    There is still no clear progress in the conflict between Russia and Ukraine, and the international situation is highly uncertain
    .

    The uncertainty of the Russia-Ukraine conflict is high, the domestic epidemic tends to stabilize, and the consumption side
    improves.
    Shanghai aluminum aluminum under the show some support, may continue to moderate rebound
    .
    Upper pressure 22000, lower support 20000
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.