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    Home > Chemicals Industry > New Chemical Materials > A brief review of the aluminum market on August 14

    A brief review of the aluminum market on August 14

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    On Tuesday, the main contract of Shanghai aluminum 1910 opened at 14140 yuan / ton in the morning, maintaining strong volatility during the day
    .
    The bulls continued to increase their positions before noon, and the high level of Shanghai aluminum once touched 14285 yuan / ton
    .
    After the high attracted a short entry, some profitable long positions were closed, and Shanghai aluminum touched 14140 yuan / ton
    at the afternoon low.
    Subsequently, the bulls increased their positions again, and with a short exit, Shanghai aluminum shocks closed at 14200 yuan / ton
    .

    South China South China aluminum ingot quotation 14180-14280 yuan, the average price of 14230 yuan, up 260 yuan, for the month premium 5 yuan, aluminum prices continued to rise, morning traders ship-based, late buyers and sellers trading interest weakened, the overall transaction is not ideal, the mainstream transaction price is concentrated between 14190-14240 yuan, compared with the average price of South China - 40~10 yuan
    .

    Nanchu East China aluminum ingot quotation 14240-14280 yuan, the average price of 14260 yuan, up 300
    .
    Yangtze River: 14220-14260, 14240 up 300
    .
    Holders continued to hold up the price of shipments, but the receiver still had a low degree of price, the transaction was deadlocked, the aluminum price fell in the early afternoon, and the spot quotation was lowered, but the actual transaction was still not ideal
    .
    The transaction is mainly concentrated between 14230-14260 yuan, which is -30~0 yuan higher than the average price of South Reserve East China
    .

    The recent waterlogging problem caused by typhoons in Shandong has not been completely solved, and the impact on the operating capacity of local electrolytic aluminum enterprises is not yet known, and it is expected that Shanghai aluminum will maintain a high level of shock at night
    .
    Before the official explanation that the operating capacity of electrolytic aluminum is directly affected, the further impulse energy of Shanghai aluminum is limited
    .
    But at the same time, after breaking through the 10,400 mark, the support below is also strong
    .

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