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    Home > Chemicals Industry > New Chemical Materials > November 15 aluminum market noon comment

    November 15 aluminum market noon comment

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    Aluminum market afternoon commentary: U.
    S.
    stocks rose, the next week Lun aluminum closed up $40; The last period of aluminum inventories continued to rise to a new high in more than five months, coupled with the real estate index all the way down, aluminum merchants cautiously waited and watched, and now aluminum or limited rise and fall
    .

    Aluminum City

    On Friday, Lun aluminum opened high and closed in Zhongyang
    .
    Shanghai aluminum opened high and closed in Zhongyang, closing at 19705.
    Shanghai aluminum trading positions are rising, and the market sentiment is more optimistic
    .
    The trend of Shanghai aluminum is weaker than that of Lun aluminum, and policy factors have led to a very inactive market, and the future market may continue to rebound
    with Lun aluminum.
    Upper pressure 20500, lower support 18000
    .

    The bearish pressure on real estate and coal has basically been released, the supply decline continues, and the inventory is gradually depleted, the price is expected to recover, but the consumption expectation performance is general, and the follow-up needs to pay attention to the relaxation of real estate policy and the introduction of the Winter Olympics production restriction policy, whether it can boost market confidence, reverse the pessimistic expectations of the current trading logic, short-term expected price volatility is strong, there is more room
    for repair.

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