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    Home > Chemicals Industry > New Chemical Materials > Aluminum comes out of the wandering situation The trend is volatile to the upside

    Aluminum comes out of the wandering situation The trend is volatile to the upside

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai aluminum main 2001 contract opened at 13660 yuan / ton in the morning, and in the first trading stage before the afternoon, the long and short game caused a slight hesitation in the market trend, and the following was supported at 13645 yuan / ton; In the second trading stage, the long position increase was better, and Shanghai Aluminum got rid of the hovering situation and fluctuated upward; In the afternoon, the opening of the short position continued to reduce positions, the market got a breather to continue to climb upward, the end of the long increase to help, once touched the highest level of 13800 yuan / ton, the daily close of 13795 yuan / ton, up 125 yuan / ton, up 0.
    91%.

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1757 US dollars / ton
    in the morning.
    In the morning session of the Asian market, Lun aluminum fluctuated in a narrow range, touching the highest level of 1761 US dollars / ton, entering the afternoon session, the rising momentum of the market was insufficient, showing a slight pullback trend; Entering the European trading stage, Lun Aluminum changed its weak shock pattern and quickly leaked, closing at 17:00 US dollars / ton, down 11.
    5 US dollars / ton, mainly short positions
    .
    LME aluminum stocks increased by 91,000 tons, forming a certain suppression
    of the aluminum plate.
    It is necessary to continue to pay attention to inventory changes and changes in long and short sentiment, and it is expected to run at $1730-1765/ton
    .

    In the spot market, aluminum futures maintained a narrow range in the first trading stage before noon of the month, and stepped on a ladder in the second trading stage to maintain high volatility
    .
    The spot quotation in Shanghai and Wuxi markets is between 13930-13950 yuan / ton, basically the same as the previous day's price, and the premium for the current month is between 90-110 yuan / ton, the price is basically the same as last Friday, and the spot price in Hangzhou is between
    13950-13970 yuan / ton.
    A large household did not announce a new procurement plan during the day, the market was slightly calm due to the lack of participation of large households, the holders were more competitive, the middlemen received goods at low prices, and the trading between the two sides was acceptable
    .
    In the late afternoon, aluminum maintained range fluctuations, the holder's quotation was between 13960-13980 yuan / ton, and the premium of the plate was around 100 yuan / ton, because the price was higher, the middleman was difficult to recognize, and the actual transaction was almost nothing
    .

    In the morning of the day, the central bank launched a seven-day reverse repurchase operation of 180 billion yuan, and the winning interest rate was reduced to 2.
    5%, and the macro harvest helped boost the domestic commodity market; Fundamentals, statistics domestic electrolytic aluminum inventories continue to decline, demand has not shown obvious signs of decline, heating season production restrictions news also has a certain impact
    on market sentiment.
    It is expected that it will still be range-bound, and it is necessary to continue to pay attention to the release
    of fundamental news.

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