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    Home > Chemicals Industry > New Chemical Materials > May 14 Shanghai aluminum morning review

    May 14 Shanghai aluminum morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    On Friday evening, the main contract of Shanghai aluminum opened at 14670 yuan / ton, the low of the beginning of the session slightly leaked to touch 14630 yuan / ton, and then pulled up the high to touch 14715 yuan / ton, but the 5-day moving average continued to show strong resistance, Shanghai aluminum gave up its gains to close at 14670 yuan / ton, recorded the perfect small doji, Shanghai aluminum index holdings increased by 186 hands to 733576 lots, recorded a new low since August 2017, in the absence of new themes, short-term aluminum prices maintain a range-bound pattern, It is expected that today's Shanghai aluminum main contract will fluctuate at 14550~14730 yuan / ton, and the spot discount will be 20 yuan / ton to 20 yuan / ton
    .

    Shanghai aluminum

    Recently, Guangdong, Henan and other places launched environmental protection inventory, electrolytic aluminum as a highly polluting industry, its supply will be limited, in addition, Shanxi strict crackdown on non-coal mining including aluminum, through the conduction path of bauxite-alumina-electrolytic aluminum, reduce aluminum supply, it is expected that Shanghai aluminum has room
    to rise.
    Therefore, it is recommended that Shanghai aluminum light warehouse try more
    .

    Affected by the rise and fall of domestic metals, Shanghai aluminum night trading basically maintained sideways, 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
    .

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