SMM Aluminum Market Morning Review (2015-6-25)

게시됨: Jun 25, 2015 09:18 (GMT+8)
The final US Q1 GDP met forecasts, leaving the US dollar index moving in tight ranges.
SHANGHAI, Jun. 25 (SMM) – The final US Q1 GDP met forecasts, leaving the US dollar index moving in tight ranges. Negotiations over the Greek debt issue suffered setbacks. LME aluminum failed in its attempt to break through the 20-day moving average after opening at USD 1,723.5/mt on Wednesday. The light metal dropped to USD 1,706/mt before closing at USD 1,714/mt. Trading volumes were down 3,224 lots to 8,883 lots, and positions were up 3,195 to 856,000. 
 
On Wednesday night, SHFE 1509 aluminum contract rose to RMB 12,830/mt after opening at RMB 12,775/mt. But the contract then followed LME aluminum down to RMB 12,700/mt before ending the night session at RMB 12,735/mt. Trading volumes totaled 5,174 lots, and positions were down 1014 to 108430. 
 
Selling pressure at highs and strong technical resistance should send SHFE 1509 aluminum contract down to RMB 12,710-12,770/mt on Thursday. In China’s spot market, buyers will push for lower prices, and spot discounts of RMB 60-100/mt are expected over SHFE 1507 aluminum contract.
   
 

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn