echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > February 13 aluminum market morning review

    February 13 aluminum market morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, the external aluminum market fluctuated, Lun aluminum opened at 1850 US dollars / ton, the beginning of the session followed the domestic market downward, the low recorded 1836.
    5 US dollars / ton, then Lun aluminum opened an upward trend, into the European trading session Lun aluminum accelerated the upward speed, rushed up to 1873.
    5 US dollars / ton after a slight fall, at night in the other metals represented by Lun copper driven, Lun aluminum rose again, broke through the hesitation point, touched 1879 US dollars / ton, the trading volume increased by 5856 hands to 15993 hands, The position increased by 2758 lots to 707036 lots
    .

    Aluminum City

    Last Friday night Shanghai aluminum 1704 contract opened at 13870 yuan / ton, in the copper as the representative of the metal driven, bulls actively increase positions, Shanghai aluminum center of gravity all the way up, the high touched 14060 yuan / ton, broke through the 14000 yuan / ton integer mark, encountered a hedging short position, aluminum prices fell back below Wansi, in view of the base metal market is more, bulls actively increase positions to protect the Wansi mark, aluminum prices closed at 14015 yuan / ton
    .
    The trading volume decreased by 52438 lots to 96818 lots, and the position increased by 6690 lots to 261580 lots
    .
    Long and short will continue to play around the Wansi Pass, pay attention to the impact of the copper market on aluminum, and expect to run 13900~14180 yuan / ton
    in the day.
    Spot discount 120~80 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.