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    Home > Chemicals Industry > New Chemical Materials > May 26 Shanghai aluminum brief comment

    May 26 Shanghai aluminum brief comment

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    As of the close of trading at 3 p.
    m.
    , the main 2207 contract of Shanghai aluminum closed up at 20500, up 65, or 0.
    32%.

    Intraday aluminum maintained a narrow range of strong oscillations, the main force remained around 20500 fluctuations, from a technical point of view, Shanghai aluminum is obviously under pressure on the 5-day moving average, rushing high gradually weak
    .

    Shanghai aluminum

    A few days ago, the national economic stability market online meeting proposed a series of measures to promote economic recovery, market sentiment pulled down aluminum prices against the trend to rise, but the current policy has not actually been implemented in various places, the follow-up "rescue" strength still needs to be observed, the strength of the policy or will determine the height of the future market aluminum price rebound; The short-term aluminum price is expected to continue to fluctuate under the favorable game of macro bearish disturbance and domestic policy stimulus
    .

    From the perspective of price driving force, the previous macro bearish factor drive gradually weakened, the positive factor drive gradually strengthened, and the supply of aluminum itself entered a stable period, and then waited for the policy blessing, East China after the resumption of production after the actual consumption improved performance
    .
    In this context, there is still room above the aluminum price, and it is recommended to look at it more in the short term
    .

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