 Home > Chemicals Industry > New Chemical Materials > May 7 Shanghai aluminum morning review

May 7 Shanghai aluminum morning review

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

Tags

short term energy

jobs united states

united discount code

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Last Friday night Shanghai aluminum 1807 contract opened high at 14690 yuan / ton, driven by the external market to increase long positions, Shanghai aluminum touched 14745 yuan / ton, long and short around 14700 yuan / ton game, no victory or defeat, Shanghai aluminum closed at 14695 yuan / ton
.
Volume decreased by 96498 lots to 279526 lots
.
Positions increased by 7,964 lots to 279526 lots
.
Shanghai aluminum along the 20-day moving average center of gravity upward, 10/20 daily moving average converge to form support, but today's lack of aluminum driven, Shanghai aluminum upward action can be slightly insufficient, is expected to run 14600 ~ 14750 yuan / ton
in the day.
Spot discount 70~30 yuan / ton
.

Shanghai aluminum

Previously, US Assistant Secretary of State Mitchell said that the United States will increase sanctions against Russia until Russia stops its aggressive behavior, and the aluminum market returns to uncertainty, but the market focuses on Sino-US trade war negotiations, short-term trends or fluctuations, it is expected that the future aluminum price will still show a pattern of external strength and internal weakness, pay attention to the later domestic aluminum market inventory
.

Shanghai aluminum night trading maintained sideways, the overall trend is still standing at 14,500 yuan line, inventory pressure is huge or continue to suppress the rally, it is expected that today's Shanghai aluminum above 14,500 yuan narrow fluctuations
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.