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    Home > Chemicals Industry > New Chemical Materials > A brief review of the aluminum market on December 13

    A brief review of the aluminum market on December 13

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai aluminum main 1912 contract opened at 13940 yuan / ton in the morning, opening slightly higher than 13955 yuan / ton, and then empty into the long flat, aluminum price when even recorded a medium black line, pierced all the moving averages below, aluminum prices leaked down to the low of 13855 yuan / ton intraday low, the second trading stage stabilized to range shock-based, the upper and lower price difference within 30 yuan / ton, the high was blocked at 13890 yuan / ton, and finally closed at 13855 yuan / ton position
    .

    Nanchu Foshan aluminum ingots were quoted at 14040-14100 yuan, with an average price of 14070 yuan, down 30 and up 15
    for the month.
    The futures price peaked and fell, the market was mainly shipped, the circulation was abundant, and the trading was average
    .
    The mainstream transaction price is concentrated between 14050-14070 yuan, which is -20~0 yuan
    higher than the average price of South China Reserve.

    Nanchu Wuxi aluminum ingot quotation 14070-14110 yuan, the average price of 14090 yuan, down 40, to the month premium 30
    .
    Yangtze River: 14060-14100, 14080 down 60
    .
    The price pressure of the receiver was obvious, the carrier shipped steadily, the overall transaction was flat, and the premium continued to fall
    .
    The spot trading price is concentrated in 14060-14070 yuan, which is -30~-20 yuan higher than the average price of Nanchu Wuxi
    .

    Intraday aluminum price high fall, above the Wansi mark pressure is greater, is expected to continue to maintain range volatility in the evening, considering that electrolytic aluminum social inventory fell by more than 50,000 tons compared with last Thursday, it is expected to continue to have limited downward space, continue to pay attention to long and short positions and changes in market trading atmosphere
    .

     

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