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    Home > Chemicals Industry > New Chemical Materials > Aluminum stopped falling and rebounded, and prices rose slightly

    Aluminum stopped falling and rebounded, and prices rose slightly

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai aluminum 1906 contract position exceeded 1905 contract became the main contract, the 1906 contract opened at 13875 yuan / ton in the morning, the price weakened slightly in the morning, a small number of bears entered superimposed on the long position successively reduced their positions, the lowest price in the morning was 13860 yuan / ton, and there were signs of stopping the decline at the end of the session, closing at 13870 yuan / ton in the morning; In the afternoon trading session, after a short adjustment, the price began to rise unilaterally, the long put the volume into the entry, the short end of the day closed the stop loss, the closing price was 13910 yuan / ton, closed at the highest price of the day, up 35 yuan / ton from the previous day, an increase of 0.
    25%.

    Period aluminum

    In terms of external trading, Lun Aluminum opened at 1864 US dollars / ton in the morning, and the Asian trading session was sideways around the opening price, with a volatility of less than $5, almost unchanged; In the European trading session, Lun aluminum slightly rushed to 1869 US dollars / ton, but the US dollar index rebounded to 96.
    67 during the same period, Lun aluminum fell under pressure to 1855.
    5 US dollars / ton, as of 17:34 Beijing time Lun aluminum was reported at 1855.
    5 US dollars / ton, the lowest price of the day, down 7.
    5 US dollars / ton
    from the previous day.

    In terms of the market, the period of aluminum shock adjustment continued to rise, in line with expectations, the current alumina has signs of stopping the decline and stabilizing, aluminum processing enterprises inventory is high, electrolytic aluminum destocking slowed down, but consumption expectations are still there, aluminum prices short-term strong
    .
    Aluminum futures maintained a narrow range fluctuation
    before noon.
    The transaction price in Shanghai began to be concentrated between 13820-13840 yuan / ton, and the price of 20-10 yuan / ton was posted for the month, down nearly 20 yuan / ton from the previous day, the transaction price in Wuxi was between 13820-13840 yuan / ton, and the transaction price in Hangzhou was between
    13840-13850 yuan / ton.
    The intraday market supply is more sufficient, traders are more active, the downstream is still mainly on-demand procurement, and the receipt of goods is flat
    .
    The overall transaction in East China within the day is average
    .
    In the late afternoon, aluminum oscillated upward, the rise was relatively fast, a small number of transactions between traders in the market were concentrated around 13830 yuan / ton when the plate was not yet rising, and the opposite plate still maintained at 10 yuan / ton line, and when the plate rushed to 13880 yuan / ton line, there were few quotations, and the downstream was even more wait-and-see
    .

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