The support is obvious, the peak season is coming to Shanghai aluminum easy to rise and fall?
Recently, the US aluminum workers in Western Australia held an indefinite strike to stimulate the news, superimposed raw material prices rose, Shanghai aluminum main contract continued to rebound from 14,000 yuan / ton to 14,800 yuan / ton.
In the short-term, although the Alcoa strike has come to an end and the aluminum futures price has fallen, the overall supply and demand structure shows signs of gradual improvement. Therefore, aluminum prices will be easy to rise and fall.
News Date: August 13, 2018 Reported by Vanessa
Source from Futures daily.