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    Home > Chemicals Industry > New Chemical Materials > July 3 Shanghai aluminum morning review

    July 3 Shanghai aluminum morning review

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14,000 yuan / ton, briefly touched the high of 14,045 yuan / ton, under the divergence and short-term operation of the new and old bears, the main center of gravity of Shanghai aluminum slowly moved down, the low recorded 13905 yuan / ton, and the final short position was closed, the main force of Shanghai aluminum recovered to close at 13965 yuan / ton
    .

    Shanghai aluminum

    On the macro front, the ISM manufacturing index in the United States rose above 60.
    0 in June, the second highest level since 2004 in February this year, indicating that the manufacturing industry has expanded for 22 consecutive months.

    In terms of the market, traders entering July have slightly loosened funds, holders are slightly reluctant to sell, middlemen are slightly more willing to receive goods than usual on Monday, the downstream is more wait-and-see, and the overall transaction of the Guangdong market is average
    .
    On the whole, inventories continue to decline, and the renminbi continues to depreciate, which is positive for aluminum prices
    .

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