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    Home > Chemicals Industry > New Chemical Materials > May 9 Shanghai aluminum morning review

    May 9 Shanghai aluminum morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14745 yuan / ton, affected by the US withdrawal from the Iranian nuclear agreement, bulls risk aversion surged, Shanghai aluminum leaked to 14575 yuan / ton, supported by the 10-day moving average, after the sentiment was stable, the center of gravity of Shanghai aluminum rose, closing at 14625 yuan / ton
    .
    Under pressure from the international macro environment, Shanghai aluminum tested the support of the multi-day moving average, and it is expected to run 14550~14750 US dollars / ton
    within the day.
    Spot discount 30 yuan / ton to 10 yuan / ton
    of premium.

    Shanghai aluminum

    Affected by the trend of crude oil yesterday, the domestic commodity market was once empty, but to the close of non-ferrous metals to recover the decline sharply, but domestic inventories show that the total domestic electrolytic aluminum social inventory is 2.
    212 million tons, an increase of 12,000 tons from last week, aluminum market inventory pressure still restricts the rebound of aluminum prices, it is expected that the future aluminum prices will still show a pattern of external strength and internal weakness, pay attention to the later domestic aluminum market inventory
    .

    Dragged down by the domestic metal closing across the board, Shanghai aluminum night trading failed to continue the rally and fall back, but aluminum prices obviously resisted, the overall trend is still stable above the 14,500 yuan line, inventory pressure or continue to suppress the rally, it is expected that today's Shanghai aluminum above 14,500 yuan narrow fluctuations
    .

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