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Under the pressure of environment protection, aluminum futures price may rise
2018-7-20

July 20(LTIT) –Entering the off-season of traditional consumption, the downstream buying is insufficient, the inventory consumption is slowing down, and the inventory of aluminum may accumulate again.

 

In the second half of the year, we believe that under the environmental protection pressure, the heating season production policy will continue to be implemented.  Thus the SHFE of aluminum is expected to rise again. It is expected that the main operating range of electrolytic aluminum will be 13500-15500 yuan/ton.

 

 
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2024-4-25
Item
SHFE
Change
Cu
300045
+322
Al
228537
-3228
Zn
131747
+4113
Item
LME
Change
Cu
120400
+175
Al
494875
-1675
Zn
254500
-600
Ni
77622
+744
2023-5-15
1 USD=
6.7021
Inverse:
0.14921
1 EUR=
7.8800
Inverse:
0.12690
1 GBP=
8.6373
Inverse:
0.11578
1 AUD=
5.2589
Inverse:
0.19015
   
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