echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Bulls continue to be strong Shanghai aluminum remains strong and volatile

    Bulls continue to be strong Shanghai aluminum remains strong and volatile

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Overnight, Lun aluminum opened at 1480.
    5 US dollars / ton, Asian market, driven by the strong rebound of Shanghai aluminum, the center of gravity of Lun aluminum steadily recovered, the high touched 1492 US dollars / ton, but Shanghai aluminum fell sharply at the end of the session, the dollar was high, Lun aluminum fell, into the European market, the dollar fell, Lun aluminum rebounded to climb 1493 US dollars / ton, high pressure fell back to test the low 1475 US dollars / ton, overnight, Lun aluminum around 1480 yuan / ton oscillation, pressure daily moving average, closed at 1478 US dollars / ton
    .
    The trading volume increased by 234 lots to 17308 lots, and the position increased by 4129 lots 737765 lots
    .
    The LME is closed today and Monday for Good Friday and Easter
    .

    Shanghai aluminum

    Overnight, the main force of Shanghai aluminum opened at 11520 yuan / ton, the long position at the beginning of the session increased the position of Shanghai aluminum upward, the high touched 11570 yuan / ton, and then the long and short closed the market, Shanghai aluminum around 11550 yuan / ton shock sorting, closed at 11560 yuan / ton
    .
    The bulls continue to be strong, the main force of Shanghai aluminum three consecutive yang, it is expected that Shanghai aluminum will maintain a strong shock in the near future, running 11520~11650 yuan / ton
    within the day.
    Spot discount 70~30 yuan / ton
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.