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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on July 1

    Shanghai aluminum afternoon review on July 1

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Yesterday, the main 2008 contract of Shanghai aluminum opened flat at 13820 yuan / ton in the morning, after a slight decline in the range of 13750-13800 yuan / ton, in the afternoon, the long force increased the upside, the high touched 13850 yuan / ton, the end closed at 13830 yuan / ton, the trading volume increased to 91,000 lots, the position increased to 165,000 lots, the volume and price increased daily close Xiaoyang
    .

    Shanghai aluminum

    The main rally of Shanghai aluminum continued overnight, pulling up 100 yuan in the opening half an hour, and then adjusted in the range of 13870-13930 yuan / ton, and finally closed at 13900 yuan / ton
    .
    The spot remains high premium, the near strength and far weak structure remains unchanged, the monthly difference has expanded, and it is expected that the main operating range of Shanghai aluminum today is 13800-14100 yuan / ton
    .

    The price of Chinalco East China AOO aluminum ingots was 14180 yuan / ton, up 80 yuan
    .
    Most domestic industries have returned to close to normal levels, stimulus policies have made market sentiment gradually optimistic, the resumption of work and production has driven demand, downstream consumption continues to be strong, social inventories continue to degrade approaching the low level, low inventories give favorable support, and spot aluminum prices are expected to rise
    .

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