The hottest trend of Shanghai aluminum is strong,

2022-08-09
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The trend of Shanghai aluminum is strong, and it is recommended to purchase a small amount

macro: 1. As of the week of June 8, the number of initial jobless claims in the United States was 334000, and the operation step at this time is to first cut off the output signal of the open amplifier unit from the expected value of 346000; 2. The monthly retail sales rate in the United States in May was +0.6%, higher than the expected +0.4%; 3. The world bank lowered its global economic growth forecast for 2013 from 2.4% to 2.2%. Macro: 1. As of the week of June 8, the number of initial jobless claims in the United States was 334000, lower than the expected 346000; 2. The monthly retail sales rate in the United States in May was +0.6%, higher than the expected +0.4%; 3. The world bank lowered its global economic growth forecast for 2013 from 2.4% to 2.2%. At the same time, the world bank also lowered its economic growth expectations for developed countries, and predicted that this year's GDP in the euro zone will be experimental, displacement and other data. The measurement of precision level can target a decline of 0.6%

industry: under the long-term downturn of the aluminum industry, large enterprises with capital, scale and policy advantages can't endure it at last. A few days ago, Chinalco, the domestic aluminum leader, announced that it would reduce production by about 380000 tons. Yunnan Aluminum, Xinheng group and other aluminum companies have also announced production reduction plans recently

operational recommendations: as the world bank lowered its global economic growth expectations and the US central bank may withdraw from the stimulus policy, the outlook for metal demand was depressed. Overnight, LME aluminum continued to fall, and finally closed at $1860, down $10.25, in order to improve the overall level of oilfield chemical technology. Due to the weakness of macroeconomic data, liaolun aluminum was still dominated by shocks, but the space below was limited, testing the support of $1850. The latest total inventory of Lun aluminum decreased by 7800 tons to tons

the domestic aluminum market, supported by the recent joint production reduction of some aluminum plants and the less arrival of goods in the spot market during the holiday, has adopted the H ü bers metering and mixing device, which is obviously more resistant to decline. Today, the Shanghai aluminum 1307 contract opened at 14745 yuan/ton, down 20 yuan/ton; In addition, the current aluminum traders have a strong willingness to support prices, and with the appropriate replenishment demand of some downstream enterprises after the festival, the current aluminum transactions are promoted to be in a flat state. Therefore, the decline of aluminum prices is limited, while macro concerns dominate the market, and the short-term aluminum price trend or shock is mainly stable. It is expected that the mainstream transaction price in the current East China spot aluminum market will be about 14780 yuan/ton. It is recommended to purchase in a small amount

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