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    Home > Chemicals Industry > New Chemical Materials > Aluminum prices are strong inside and weak outside to maintain the long-short game market

    Aluminum prices are strong inside and weak outside to maintain the long-short game market

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Last week, aluminum prices were strong inside and weak outside, and Lun aluminum fell below 1900, and short-term expectations repeatedly tested this mark; The main force of Shanghai aluminum has tested 13,800 for many times, the inventory continues to decline, and the spot is firm, and the short-term aluminum price decline space is limited, but the cost of the downward shift bearish aluminum price, the range shock market continues, pay attention to the 1.
    38-14,000 pressure level; in the first week after the holiday, the long-short game, the overall fluctuation of aluminum prices is not large
    .

    Aluminum prices

    In terms of external disk, Lun aluminum shock adjustment, early week Lun aluminum 1930 mark blocked, by the strength of the dollar, and the news is flat, Lun aluminum shock fell slightly, the lowest down to 1880 US dollars, from the trend point of view, lack of favorable boost, Lun aluminum upside is limited, short-term expected repeated test around 1900, is expected to rise and fall little space, 1870-1920 range oscillation
    .

    In terms of the market, due to the strong trend of futures at the beginning of the week, merchants have optimistic expectations for the future market, traders have received more goods, and the market supply is more abundant, but with the lack of momentum for price increases, the market wait-and-see sentiment breeds, downstream enterprises only maintain the pre-holiday on-demand procurement strategy, the phenomenon of stockpiling is not obvious, and the overall transaction of the market is general
    .

    South China: As of last Thursday, the price of aluminum ingot tickets in South China was 14040-14140 yuan / ton, down 90 yuan from the previous week, and the local market activity was higher at the beginning of the week, with more inquiries and receivers, and then the transaction turned flat, and the transaction was mostly reflected in traders
    .

    East China: Due to the impact of tax cuts on the first day of the week, spot aluminum ingot prices fell sharply, and spot high premiums also returned to normal levels, followed by a continuous slight increase supported by the firm selling price of holders; As of Thursday, the spot aluminum price in East China was 13790-13830 yuan / ton, compared with 110 yuan / ton on Friday, and the spot fell from high premium to 10-30
    liters.

    Domestic electrolytic aluminum social stocks: 294,000 tons in Shanghai, 584,000 tons in Wuxi, 124,000 tons in Hangzhou, 135,000 tons in Gongyi, 385,000 tons in Nanhai, 58,000 tons in Tianjin, 28,000 tons in Linyi, 33,000 tons in Chongqing, and the total inventory of aluminum ingots in the place of consumption was 1.
    641 million tons, down 37,000 tons
    from last week.

    Coinciding with the Qingming small holiday, the spot is firm, and the inventory continues to decline, making the aluminum price volatility strong, the main 1905 contract of Shanghai aluminum at the beginning of the week climbed to 13900 yuan / ton, but the cost downward is still bearish aluminum prices, obviously Shanghai aluminum impulse energy is insufficient, The overall around the 1.
    37-13,900 range oscillation, intraday many tests of the 13,800 mark pressure level, from the trend point of view, aluminum price trend is still expected to fluctuate strongly, above attention to the 14,000 mark pressure level; in the first week after the holiday, Shanghai aluminum still maintained a long-short game market, the overall fluctuation is not large
    .

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