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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on July 8

    Shanghai aluminum afternoon review on July 8

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Last Friday, the Shanghai aluminum main 1908 contract jumped low at 13770 yuan / ton in the evening, fell below all moving averages at the open, and then rose slightly, fluctuating in a wide range of 13785 yuan / ton all night, the high and low price difference was within 30 yuan / ton, and finally closed at 13795 yuan / ton, down 10 yuan / ton, down 0.
    07%, the trading volume decreased 87136 hands to 20424 hands, the position decreased 686 hands to 214,000 hands, closed at the small white line, the center of gravity was basically the same
    as the previous day 。 On Friday, metals were mixed, and the trend of Shanghai aluminum was relatively stable, and it is expected that today's Shanghai aluminum will run between 13700-13850 yuan / ton, and the liter discount will be between
    20-20 yuan / ton.

    Shanghai aluminum

    The price of AOO aluminum ingots in East China was 13,810 yuan / ton, up 30 yuan
    .
    The current has entered July, downstream demand is gradually weakening, it is expected that electrolytic aluminum will gradually start the accumulation process, the recent aluminum market support is insufficient, aluminum prices are hindered, it is expected that today's Shanghai aluminum narrow range shock, spot aluminum prices or limited rise and fall
    .

    The domestic market has entered the off-season, consumption has weakened overall, and aluminum prices have come under pressure; Today's Shanghai aluminum volatility is weak, as of the close, the Shanghai aluminum 1908 contract closed down 0.
    25% to 13770, down 35% from the previous trading day; From the trend point of view, the lack of good news to boost, short-term aluminum price shock weak trend unchanged, continue to pay attention to the 1.
    36-13,800 range shock market, the overall rise and fall space is not large, more see less movement; it is expected that tomorrow's spot aluminum prices will be stable
    .

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