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    Home > Chemicals Industry > New Chemical Materials > May 11 Shanghai aluminum morning review

    May 11 Shanghai aluminum morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14640 yuan / ton, after briefly touching 14605 yuan / ton at the beginning of the session, more in and out, the main force of Shanghai aluminum stood at 14700 yuan / ton, the high recorded 14755 yuan / ton, the end of the Lun aluminum down, the main force of Shanghai aluminum fell slightly to close at 14715 yuan / ton
    .
    The trading volume decreased by 76648 lots to 102364 lots, and the position decreased by 1804 lots to 289414 lots
    .
    The Shanghai-London ratio is 6.
    37, compared with the downward pressure of Lun Aluminum, the main force of Shanghai aluminum appears to be more supportive, and the main force of Shanghai aluminum is expected to oscillate in the 5/10/20 daily moving average range, running 14600~14770 yuan / ton
    within the day.
    Spot discount 20 yuan / ton to premium 20 yuan / ton
    .

    Shanghai aluminum

    Yesterday, Xinjiang Qiya project due to supporting power station can not be built and other reasons can not be built, it is expected that the implementation of captive power plant rectification is large, cost support strengthened, Lun aluminum inventory fell sharply shows that foreign supply is still tight, overnight in the market atmosphere driven by aluminum prices rebounded again, but the future aluminum market inventory pressure and new production capacity still restrict the rebound of aluminum prices, it is expected that the future aluminum prices will still show a pattern of external strength and internal weakness, pay attention to the later domestic aluminum market inventory
    .

    Affected by the general upward trend of domestic metals, Shanghai aluminum night trading continued to rise The center of gravity rose slightly, aluminum prices resisted the decline obviously, cost support was solid, inventory pressure or continued to suppress the rally, it is expected that Shanghai aluminum today to maintain a narrow range of fluctuations
    .

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