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    Home > Chemicals Industry > New Chemical Materials > Aluminum rushed back down and the market was relatively light

    Aluminum rushed back down and the market was relatively light

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Thursday Shanghai aluminum main 1912 contract opened at 13945 yuan / ton in the morning, the opening fell from a high near 13955 yuan / ton to a low of 13895 yuan / ton, and then around 13910 yuan / ton a narrow range of shock, because the past two days of the market trend is relatively firm, bears lack of confidence, in the afternoon choose to take advantage of the loss to the minimum reduction of positions to leave the market, the closing of short positions to help aluminum prices along the 5-day moving average to climb higher, under pressure 13965 yuan / After a brief hovering in the first line, it detected the intraday high of 13980 yuan / ton at the end of the day, and finally closed at 13980 yuan / ton
    .

    Period aluminum

    In terms of the external market, Lun aluminum opened at 1804 US dollars / ton in the morning, and the Asian session opened on the downward road, all the way down to 1799 US dollars / ton slightly hovered, and twice tested the space below was blocked at 1797 US dollars / ton line, after entering the European trading session, the market trading atmosphere gradually rose, and then the spokesman of the Ministry of Commerce revealed that China and the United States agreed to cancel tariffs in stages as the agreement progressed, stimulated by this good news, the outer metal line was red across the board, and Lun aluminum rose all the way from the low, Finally hit the intraday high of 1808 US dollars / ton, but the continued upward momentum was slightly insufficient, as of 17:50 Lun aluminum closed at 1806.
    5 US dollars / ton
    .

    In the spot market, aluminum futures fluctuated greatly before noon in the month, and the second trading stage rose significantly
    .
    In the morning, Shanghai and Wuxi two places of the spot tentative quotation in 14130-14140 yuan / ton, the transaction is rare, with the release of the market guidance price, the spot quotation began to concentrate between 14090-14110 yuan / ton, and the previous day's price is basically the same, the plate discount 50-20 yuan / ton, after 11:00 aluminum continues to rise, but at this time the market transaction heat falls, the actual transaction has been greatly reduced, Hangzhou area transaction price between 14090-14110 yuan / ton, The deal is light
    .
    In addition, due to the proximity to delivery and the market deliverable supply is less, the deliverable brand aluminum ingot spot transaction price is around 14150-14160 yuan / ton, higher than other brands close to 60 yuan / ton, more tight
    .

    Intraday cargo holders are more willing to ship, but the middleman is still relatively positive, and the two sides are actively trading, but the downstream performance is calm, the wait-and-see mood is strong, and there are not many
    goods.
    In the late afternoon, aluminum rushed back down, the market was relatively light, a small number of holders shipped quotations between 14110-14150 yuan / ton, the opposite plate surface discount around 100 yuan / ton, 14110 yuan / ton around a small number of transactions, 14150 yuan / ton almost no transaction, deliverable brand aluminum ingot quotation around 14200 yuan / ton, flat water
    on the plate.

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