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    Home > Chemicals Industry > New Chemical Materials > Aluminum continues to adjust The market trading performance is average

    Aluminum continues to adjust The market trading performance is average

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai aluminum main 1812 contract opened at 14295 yuan / ton in the morning, the opening was suppressed by the short entry, and the lower 14165 yuan / ton, and then maintained a narrow range at 14190 yuan / ton, during the short test of 14215 yuan / ton, the end of the day slightly drooped, tested down 14160 yuan / ton, closed at 14180 yuan / ton, down 75 yuan / ton, down 0.
    53%.

    Period aluminum

    In terms of external trading, Lun Aluminum opened at 2033 US dollars / ton in the morning, and the Asian trading session fluctuated in a narrow range at 2028 ~ 2033 US dollars / ton, and the fluctuation range was only about
    5 US dollars / ton.
    Until entering the European trading session, Lun aluminum due to the US index lower prompted Lun aluminum to start a low rebound, all the way up to 2054.
    5 US dollars / ton, recorded the highest price of the day, under pressure high soft, as of 17:50, Lun aluminum closed at 2041.
    5 US dollars / ton, closed at the small white line, higher than yesterday's center of gravity
    .
    At this point, Lun Aluminum has basically got rid of the downward trend brought by the six consecutive yin, harvested two consecutive yang, and is expected to continue to test the 5-day moving average, and continue to pay attention to macro data such as the US dollar index and the US retail sales monthly rate in September
    .

    In the spot market, aluminum fluctuated in
    the month.
    Shanghai transaction concentration is 14160~14180 yuan / ton, the discount for the month is 20~10 yuan / ton, Wuxi transaction concentration is 14160~14180 yuan / ton, Hangzhou transaction concentration is 14200~14210 yuan / ton
    .
    Cargo holders are actively shipped, middlemen's willingness to receive goods is weakened, downstream enterprises maintain the strength of receiving goods in the previous day, and the overall transaction volume has decreased
    slightly compared with the previous day.
    The circulation supply in Gongyi area is small, and the market supply is insufficient
    .

    Industry News:

    1.
    Rio Tinto, a diversified miner, warned that it had written down $178 million
    for its alumina pricing contract business linked to LME aluminium prices in the first half of the year.

    Svein Richard Brandtzaeg, CEO of Norsk Hydro in Norway, said on Wednesday that the company is fully committed to restoring capacity at Brazil's Alunorte alumina refinery and is not currently considering layoffs
    .

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