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    Home > Chemicals Industry > New Chemical Materials > February 6 aluminum market morning review

    February 6 aluminum market morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    On Friday, the outer aluminum market opened at 1833 US dollars / ton, Asian trading session, Lun aluminum oscillated around the daily moving average at the beginning of the session, and then fell with Shanghai aluminum downward, Shanghai aluminum rebounded in the afternoon, but Lun aluminum performed weakly under the recovery of the US dollar, around 1822 US dollars / ton oscillation; Entering the European and American trading session, Lun Aluminum tried to break upwards many times, but they were under pressure to fall, the low touched 1813.
    5 US dollars / ton, overnight, Shanghai aluminum increased positions sharply upward, coupled with the US index downward, Lun aluminum finally broke through the daytime resistance upward, the center of gravity continued to move up, closing at a high of 1840 US dollars / ton
    .

    Aluminum City

    Last Friday night Shanghai aluminum main force opened at 13740 yuan / ton, at the beginning of the session bulls actively increased positions to pull up aluminum prices, aluminum prices rose rapidly, high touched 13925 yuan / ton, at this point bulls slightly hesitated, bears took advantage of the trend to enter, Shanghai aluminum fell back to the daily moving average near the line, so far the bulls again entered the protective market, aluminum prices rose again to 13925 yuan / ton, the end of the session long short-term operation aluminum prices fell back to close at 13870 yuan / ton
    .
    The trading volume decreased by 38856 lots to 76626 lots, and the position increased by 2964 lots to 230964 lots
    .
    With the help of policy speculation, bulls actively increased their positions, and the aluminum price was tested at the integer mark of 14,000 yuan / ton, and it is expected to run 13,800~14,000 yuan / ton
    within the day.
    With the gradual return of the downstream and the selling period buying and cash operation, the spot discount narrowed, and the spot discount was 290~250 yuan / ton
    .

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