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    Home > Chemicals Industry > New Chemical Materials > May 27 Shanghai aluminum brief comment

    May 27 Shanghai aluminum brief comment

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    Today's aluminum price first fell and then rose, as of the close of 3 pm, the main 2107 contract of Shanghai aluminum closed up at 18480, up 185, or 1.
    01%.

    Shanghai aluminum

    In addition to the early known Yunnan, Inner Mongolia and other places of power rationing policy gradually introduced, some areas of Guangdong also began to implement power rationing measures, some aluminum plants began to "open four stop three", under the influence of local policies, the second half of the overall new production energy is limited, but this year demand has a clear upward trend, short-term strong fundamentals still form a strong support for aluminum prices, despite the continuous pressure of macro-control measures, but aluminum prices still show strong resilience, short-term or maintain a high shock trend operation, but it is not recommended to continue to chase up, Be wary of the risk
    of a subsequent pullback.

    At present, the rhythm of domestic destocking is still good, and the weekly destocking of aluminum ingots is about
    50,000 tons.
    The spot maintained a slight premium, the processing fee of aluminum rod in South China was at a high level, and the rigid demand was strong
    .
    The short-term weak shock of Shanghai aluminum temporarily looks at the 60-day line support, but the Yunnan power rationing event occurs in the peak season, and the aluminum market will continue to destock, and it is still a stocking opportunity
    after the pullback.

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