-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Aluminum market afternoon comment: Rusal is still expected to be sanctioned, and Lun aluminum closed up 2.
35% overnight; The domestic market supply is relatively sufficient, and the downstream operating rate is relatively limited, but the aluminum price pullback is conducive to the release of consumer demand, and aluminum is expected to fall
slightly.
Thermal coal has continued to fall recently, with London aluminum continuing to rebound and rise more than 2% on Friday to close at $
3,480.
Shanghai aluminum opened slightly lower in the night session, rushed back down to close Xiaoyang, closed at 21950.
Shanghai aluminum trading positions are down, market sentiment is biased to wait and see
.
The conflict between Russia and Ukraine eased, market sentiment weakened, short-term adjustment, medium-term fundamentals were slightly optimistic, and Shanghai aluminum may fluctuate
around 21,000.
Upper pressure 23000, lower support 20000
.
There is no perfect solution to the Russia-Ukraine dispute, and the subsequent disturbances of European and American sanctions still exist, and it is expected that foreign supply will still be disrupted
.
After the driving effect of financial forces, aluminum prices return to their own fundamentals, considering that the current domestic market supply is sufficient, and the downstream operating rate is limited, it is expected that the supply and demand of the domestic aluminum market will remain balanced
in the short term.
However, as the accumulation of inventory is gradually slowing down, under the expectation of strong consumption in the downstream peak season, destocking is expected to come, and it is recommended to go long
on the dip.
