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    Home > Chemicals Industry > New Chemical Materials > Market sentiment picks up short-term aluminum price technical rebound

    Market sentiment picks up short-term aluminum price technical rebound

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2208 contract, opening 17330 yuan / ton, the highest intraday 17835 yuan / ton, the lowest 17270 yuan / ton, settlement 17285 yuan / ton, the end of the close to 17830 yuan / ton, up 545 yuan, up 3.

    Shanghai aluminum

    Today's London aluminum is on the strong side, LME three-month Beijing time at 15:01 at 2385 US dollars / ton, up 45 US dollars, or 1.
    from the previous trading day's settlement price.

    Today's Shanghai aluminum is running strongly, the dollar has fallen, the bearish sentiment has been cathartic, the market sentiment has warmed up, and the aluminum price has fallen to stimulate the downstream procurement mentality, at the same time, aluminum ingot inventories began to reduce the trend again, and Shanghai aluminum rebounded stronger

    In terms of the market, today's spot trading price of the Yangtze River is 17720-17760 yuan / ton, up 310 yuan, discount 20-liter 20; Guangdong spot 173660-17720 yuan / ton, up 320 yuan, discount 80-discount 20; Hua reported 17770-17810 yuan / ton, up 320 yuan
    The price of the holder coexists with the price adjustment, the receiver purchases on demand, and the trading activity is

    In the short term, aluminum prices test the Wanqi mark, based on Yunnan's cost and fundamental drive, the current position may not be the lowest, short-term due to spot low replenishment and intermittent repair of macro sentiment, and get support
    Short-term aluminum prices have rebounded technically, but in the second half of the year is still excessive, the upside may be limited

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