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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on April 10

    Shanghai aluminum afternoon review on April 10

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    The Rusal incident has caused Lun Aluminum to rise sharply for two consecutive days, but the driving effect of domestic Shanghai aluminum has been discounted
    .
    This morning's performance was mainly sideways at a high level, without more upward momentum
    .
    The weak domestic basic has formed greater pressure on the rise of Shanghai aluminum, and the performance of the market is difficult to say ideal
    .
    The 14,500 yuan line will still be the bottleneck position of Shanghai aluminum, and if the demand does not improve in the medium and long term, it may attack the 14,000 yuan line below
    .

    Shanghai aluminum

    Now aluminum rose again today, and the shippers' shipments were still positive, but the downstream continued to adopt a wait-and-see mentality under the soaring market, and the transaction appeared cold
    .
    In the East China market, aluminum fell back after the early surge of the afternoon of the month
    .
    The transaction in Shanghai is concentrated 14180~14200 yuan / ton, the discount for the current month is 100~90 yuan / ton, and the discount for the next month is 90~80 yuan / ton
    .
    Wuxi transaction concentration is 14180~14200 yuan / ton, Hangzhou transaction concentration is 14180~14200 yuan / ton
    .
    Due to factors such as the expansion of discounts, bullish and tax cuts in May, the willingness of middlemen to receive goods is more active, resulting in the gradual weakening of the shipholders' shipments, high prices suppress the enthusiasm of downstream enterprises, and the overall transaction is more active
    than yesterday.

    In the South China market, the high volatility trend of aluminum in the early afternoon was stable
    .
    Today's Guangdong market transaction is concentrated at 14240~14260 yuan / ton, and the price difference between Guangdong and Shanghai remains around
    50 yuan / ton.
    Today, aluminum ingot spot holders in Guangdong are actively shipped, and the market can circulate abundantly, but the market believes that the local network price is high, so the willingness of middlemen and downstream to receive goods is not high, and a small amount of purchase is maintained on demand, and the overall transaction is relatively light
    .

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