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    Home > Chemicals Industry > New Chemical Materials > Aluminum rebounded slightly and slowly, and the market transaction was less

    Aluminum rebounded slightly and slowly, and the market transaction was less

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai aluminum main 1911 contract opened at 14270 yuan / ton in the morning, 1 hour after the opening, the long position reduced by more than 3,000 lots, Shanghai aluminum lost support and fell to the lowest level since the beginning of September to 14205 yuan / ton, and then the bears closed their positions at a low level and left the market, Shanghai aluminum slowly rebounded, but was blocked by the daily average of 14260 yuan / ton a line, and the long position at the end of the session closed Shanghai aluminum slightly pullback, and finally closed at 14240 yuan / ton, down 40 yuan / ton, down 0.
    28%.

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1788.
    5 US dollars / ton
    in the morning.
    During the Asian session, the performance of London aluminum first rose and then declined, slowly climbing to 1793 US dollars / ton before turning down, closing at 1788 US dollars / ton as of 15:00; During the European session, the US dollar remained high and volatile, and Lun Aluminum continued to fall, rebounding at a low level after testing 1781 US dollars / ton, closing at 1785 US dollars / ton as of 16:08, down 2.
    5 US dollars / ton, or 0.
    14%,
    from the opening of the day.
    The U.
    S.
    index maintained a high volatility, and the external base metals fell, and it is expected to run at $1780-1800 / ton
    .
    It is necessary to continue to pay attention to the trend of the US index and macro news
    .

    Spot: aluminum futures maintained range fluctuations
    before noon of the month.
    In the morning, Shanghai Wuxi market two places of the holder quotation between 14340-14350 yuan / ton, the opposite plate premium of about 40 yuan / ton, the transaction is not much, after 10:30 the market quotation of the two places is concentrated between 14320-14340 yuan / ton, the opposite plate premium between 20-40 yuan / ton, the spot price compared with the previous day down nearly 70 yuan / ton, so far the aluminum price has fallen for three consecutive working days, Hangzhou spot price between 14340-14350 yuan / ton
    。 The morning transaction is general, after 10:30, the market trading atmosphere gradually rises, the enthusiasm of middlemen to receive goods is high, the performance of the holders is reluctant to sell, the shipment is not much, and the trading between the two sides is active
    .
    Downstream manufacturers are more recognized by the price, and there is a certain replenishment demand after the superimposed holiday, and the procurement is more active
    .
    In the late afternoon, aluminum maintained range fluctuations, and the price of holders was between 14330-14340 yuan / ton, and the premium for the month was 30-40 yuan / ton, and the afternoon market was light and the transaction was less
    .

    Based on the expectation of rising supply pressure in the fourth quarter and the expectation of weakening downstream consumption, the inflow of short funds in the far month contract will continue, and it is expected that the main shock of Shanghai aluminum will run around 14200-14300 yuan / ton, and continue to test the support level
    below.

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