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

    Shanghai aluminum afternoon review on March 10

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum 2204 reported 21300, down 640, and LME aluminum closed at 3301, down 376; On the macro front, the United States and the United Kingdom announced a ban on the import of Russian oil, which exacerbated economic stagflation concerns, but the German chancellor said that Germany would continue to import Russian oil and gas, Ukrainian President Volodymyr Zelensky reiterated his willingness to consider some compromises to end the war with Russia, and the prospects for Russian-Ukrainian negotiations are good
    .

    Shanghai aluminum

    Domestic electrolytic aluminum into the rapid resumption of production stage, Yunnan power relief, Yunnan aluminum, Shenhuo, etc.
    can recover to the pre-production level, the next three months can resume production up to one million tons, Guangxi, Qinghai, Shanxi, Guizhou, Gansu and other provinces and regions also plan to start the resumption of production; Aluminum prices are high, downstream demand recovery is slow, and spot prices maintain high
    discounts.

    The prospects of Russian-Ukrainian negotiations are good, Ukraine is ready to compromise, the internal and external market has pulled back sharply, and the internal market has fallen since the holiday, but the recent Shanghai aluminum transaction and demand continue to improve, the internal and external ratio repair space is large, it is recommended to appropriate Shanghai aluminum bargain bargain long, need to pay attention to the short-term external sentiment impact, the price has not stabilized
    for the time being.

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