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    Home > Chemicals Industry > New Chemical Materials > Aluminum is in the topping stage It is recommended to wait and see for the time being

    Aluminum is in the topping stage It is recommended to wait and see for the time being

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Monday, the main 2007 contract of Shanghai aluminum was 12455 yuan / ton in the morning, and at the beginning of the session, it was 12560 yuan / ton through two long Yang lines, and continued to perform weakly, and then in the whole day around the 12535 yuan / ton line to do a narrow range of oscillations, the upper and lower space is within 40 yuan / ton, the end of the day touched the intraday high of 12570 yuan / ton, and finally closed at 12535 yuan / ton, up 105 yuan / ton, up 0.
    84%, it is expected that there is a large resistance above 12700 yuan / ton in the short term

    Period aluminum

    In terms of the external market, Lun aluminum opened at 1492 US dollars / ton in the morning, and the intraday high of 1500 US dollars / ton was high at the beginning of the session, but the resistance at the 1500 US dollars / ton mark was strong, and then the high shock fell, entering the European trading session after falling to the intraday low of 1487.
    5 US dollars / ton, as of 18:05 Lun aluminum performance low rebound, closing at 1494 US dollars / ton, up 2 US dollars / ton, or 0.
    13%, closed at the small white line, the center of gravity rose to above the 5-day moving average, and the daily KDJ three lines rose, It is expected to continue to test the upper threshold
    .
    Continue to monitor the US dollar index and macro trading sentiment changes
    .

    Aluminum oscillated upward
    in early afternoon.
    The spot price in the Shanghai Wuxi market first fell and then rose, and the quotations of holders were concentrated between 13,000-13,020 yuan / ton, the spot price increased by 180 yuan / ton from last Friday, and the plate premium was concentrated between
    70-90 yuan / ton.
    During the day, the carrier shipped more actively, the middleman received the goods normally, a large household carried out the procurement plan normally, and the transaction between the buyer and seller was acceptable, but due to the strong aluminum period, the actual transaction premium decreased significantly compared with the previous two days
    .
    Downstream on-demand purchase is the mainstay, due to the sharp rise in aluminum prices, the willingness to replenish goods is not strong
    .
    In the late afternoon, the aluminum range was mainly volatile, and the price of the holder was around 13010 yuan / ton, and the premium of the opposite plate was about 70 yuan / ton, and the transaction was very small
    .

    On Monday, Shanghai aluminum ran strongly, and the social inventory of aluminum ingots continued to go to storage by 50,000 tons, and the decline rate and outbound volume fell
    month-on-month.
    Downstream starts have maintained a high level, but some domestic sales have been front-loaded, overseas consumption is weak, and attention is paid to consumption sustainability
    .
    In addition, the sharp recovery of electrolytic aluminum profits and the opening of the import window will limit the height of
    Shanghai aluminum.
    Shanghai aluminum is in the peak building stage, it is recommended to wait and see for the time being, and the bulls reduce their holdings
    at the high.
    Near delivery, pay attention to the changes in positions and warehouse receipts in recent months, and the risk of forced positions still exists
    .

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