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    Home > Chemicals Industry > New Chemical Materials > Aluminum prices rose slightly, and the high level was accompanied by an increase in short positions

    Aluminum prices rose slightly, and the high level was accompanied by an increase in short positions

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai aluminum main 1907 contract opened at 14290 yuan / ton in the morning, and some bulls entered after the opening, and the aluminum price rose slightly to the highest level of 14325 yuan / ton in the day, and the high was accompanied by the increase in short positions, suppressing the center of gravity of aluminum prices to fall back to 14300 yuan / ton; In the afternoon, aluminum prices still showed a narrow range of shock finishing trend, and finally closed at 14285 yuan / ton, down 25 yuan / ton, down 0.
    17%.

    Aluminum prices

    In terms of the external market, Lun aluminum opened at 1832 US dollars / ton in the morning, after the opening of the center of gravity of London aluminum slightly increased to around 1835 US dollars / ton, and then sideways in the morning session of the Asian market, entering the afternoon session of the Asian market to the beginning of the European market, dragged down by other base metals in the external market, Lun aluminum turned downward, once tested down 1821 US dollars / ton, and then slightly bottomed out, as of 17:15 closed at 1826.
    5 US dollars / ton, down 5 US dollars / ton, down 0.
    27%, the daily K line closed at a small black line, the column body has an expansion trend

    In terms of the market, the opening of the month was mainly
    range-bound.
    Shanghai trading price between 14270-14290 yuan / ton, the price fell from last Friday around 40 yuan / ton, for the current month flat water ~ premium 10 yuan / ton, Wuxi spot transaction price between 14270-14290 yuan / ton, Hangzhou transaction price between 14290-14310 yuan / ton
    .
    Traders received goods actively in the morning, and shippers increased after the second trading stage, but due to the small purchase volume of a large household, the actual transaction of traders and middlemen before the afternoon was not as good as last Friday
    .
    Although the price of aluminum fell during the day, there were not many downstream goods received, and the enthusiasm for procurement was not high
    .
    The overall transaction in East China was poor
    .
    In the late afternoon, aluminum maintained a narrow range of fluctuations, the market transaction price was around 14280-14290 yuan / ton, the flat water ~ premium of the month 10 yuan / ton, the afternoon market activity is not high, traders and downstream have a small number of transactions
    .

    The non-ferrous internal and external disks were green across the board, and Shanghai aluminum was not spared, and it is expected to still fluctuate
    around the 14,300 yuan range.
    It is necessary to continue to pay attention to the long-short situation and the operation of
    alumina.

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