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May 2 Shanghai aluminum brief comment

 Last Update: 2022-12-10
 Source: Internet
 Author: User

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aluminium ingot price

china shanghai

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On the first trading day after the holiday, lack of good news support, today Shanghai aluminum maintained a volatile market, the main 1806 contract closed down 0.
31% to 14430, down 45 from the previous trading day, technically, short-term aluminum prices maintain a volatile trend, Shanghai aluminum below the 14,000 mark support is obvious, above the 14,500 mark or resistance, short-term is expected to maintain a range shock market, there is not much room for rise and fall; it is expected that tomorrow's spot aluminum will maintain a stable trend
.

Shanghai aluminum

Today's South China South China aluminum ingot quotation of 14280-14380 yuan, the average price is 14330 yuan, down 70 yuan, traders are shipping at a high price, the supply and demand sides are slightly deadlocked, the market trading is general, the mainstream transaction price is concentrated between 14300-14350 yuan, which is a premium of -30~20 yuan
compared with the average price of South China.

Today's Nanchu East China aluminum ingot quotation is 14310-14350 yuan, the average price is 14330 yuan, down 110
.
Yangtze River: 14320-14360, 14340 down 100
.
Traders mostly hold a wait-and-see attitude, the shipment strength of holders maintains stability, spot maintains discount, the overall transaction is general, the mainstream transaction price is concentrated in 14300 yuan ~ 14330 yuan, compared with the average price of South Reserve East China - 30 ~ 0 yuan
.

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