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    Home > Chemicals Industry > New Chemical Materials > April 22 aluminum market noon review

    April 22 aluminum market noon review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Aluminum market afternoon comment: Russia-Ukraine conflict continues to supply worries, overnight Lun aluminum closed up 1.
    21%; Domestic transportation has eased, downstream active stocking, electrolytic aluminum social inventory continues to degrade, and aluminum is expected to rise
    today.

    Aluminum City

    Thermal coal rose slightly overnight, and Lun aluminum fluctuated slightly to close the doji, opening slightly higher at $
    3267 today.
    Shanghai aluminum opened low and closed high at 21800.
    Shanghai aluminum trading fell and held stable positions, and market sentiment was biased towards
    neutrality.
    The armed conflict between Russia and Ukraine seems to be becoming more intense, and market uncertainty is high
    .
    Shanghai aluminum short-term volatility, medium term focus on the Shanghai epidemic, after the epidemic fundamental preferences
    .
    Upper pressure 24000, lower support 20000
    .

    March and April have always been the peak season for the electrolytic aluminum market, and the outbreak of the epidemic has not only hindered logistics and transportation in many places, but also inhibited the operating rate of downstream aluminum processing enterprises, resulting in weak demand; The situation has improved recently, multi-department joint guarantee of smooth logistics, central bank RRR reduction is good for the market, government tax rebates and tax cuts help to resume work and production, multiple measures are favorable to the market, and aluminum prices are expected to remain strong and volatile
    .

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