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    Home > Chemicals Industry > New Chemical Materials > Brief review of the aluminum market on March 30

    Brief review of the aluminum market on March 30

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Aluminum market review: On Friday, the main 1905 contract of Shanghai aluminum opened at 13675 yuan / ton
    in the morning.
    After the opening, Shanghai aluminum slightly tested low to touch 13670 yuan / ton, and then the bulls took the initiative to increase their positions, and Shanghai aluminum oscillated upward to reach near
    the 10-day moving average.
    In the afternoon, Shanghai aluminum continued to maintain a volatile upward, the short flat multi-entry center of gravity moved up above the 10 moving average, and touched a high of 13730 yuan / ton before the close, and closed at 13720 yuan / ton
    at the end of the session.
    Costs temporarily stabilized, consumption continued to recover, and Shanghai aluminum continued to maintain a relatively strong trend
    .
    It is expected that due to the imminent cross-month tax cut, there will be a strong wait-and-see mood and maintain a volatile operation
    above the 10-day moving average.

    city

    Nanchu South China aluminum ingot quotation 13960-14060 yuan, the average price of 14010 yuan, up 60 yuan, the monthly premium of 270 yuan, the absolute price continued to rise, the demand for long orders increased, the demand side received goods unabated, and the overall transaction was active
    .
    The mainstream transaction price is concentrated between 14000-14030 yuan, which is -10~20 yuan
    higher than the average price of South China Reserve.

    Nanchu East China aluminum ingot quotation 13990-14030 yuan, the average price of 14010 yuan, up 60
    .
    Yangtze River: 14000-14040, 14020 up 90
    .
    Traders took advantage of the high price to ship, the market circulation of goods increased, and the overall transaction was
    acceptable.
    The transaction price is between 14020-14050 yuan, which is 10~40 yuan higher than the average price of South Reserve East China
    .

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