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    Home > Chemicals Industry > New Chemical Materials > June 15 Shanghai aluminum brief comment

    June 15 Shanghai aluminum brief comment

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    As of the close, the main 2007 contract of Shanghai aluminum closed down at 19805, down 150, or 0.
    75%.

    Aluminum prices fell back during the day, and the main force of Shanghai aluminum once stood above 20100 intraday, but due to the continuous voice of overseas "interest rate hikes beyond expectations", the market still maintained a more cautious attitude, and trading interest was not high
    .

    Shanghai aluminum

    At present, the main short-term influencing factor of the aluminum market is still the interest rate hike signal released by the recent Fed interest rate meeting, from the base, there are three types of interest rate hikes, 50, 75 and 100; The latter two exceeded market expectations and may lead to further declines in aluminum prices
    .

    At present, it is more inclined to raise interest rates by 50 basis points, that is, there is still a certain chance of rebound in aluminum prices after the interest rate hike, but the upper limit of space still needs to refer to the determination of the Federal Reserve meeting to release inflation containment in the year, it is recommended that merchants can stay on the sidelines in the short term, and take goods on demand for downstream bargaining, and Shanghai aluminum focuses on the 19700-20200 range
    .

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