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    Home > Chemicals Industry > New Chemical Materials > February 7 aluminum market morning review

    February 7 aluminum market morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    Overnight, the outer aluminum market opened at 1836 US dollars / ton, Asian market noon London aluminum dragged down by domestic Shanghai aluminum, fell to 1830 US dollars / ton a narrow range finishing, afternoon aluminum prices continue to fluctuate, at the end of the Asian market, the dollar rebounded Lun aluminum again down, the low touched 1819 US dollars / ton, into the European trading session, Lun aluminum low rise, around the 10-day moving average oscillation, at night, with the Shanghai aluminum night performance preference, Lun aluminum took advantage of the momentum to break through the 5/10 daily moving average resistance, the high touched 1842 US dollars / ton, Closing at $1834/mt
    at the end of the session.
    The trading volume decreased by 2625 lots to 10586 lots, and the open position decreased by 4656 lots to 705704 lots
    .

    Aluminum City

    Overnight, the main force of Shanghai aluminum opened at 13625 yuan / ton, the short closed the low position and left the market, the main center of gravity of Shanghai aluminum rose steadily, touching 13735 yuan / ton, and then the long and short high cautiously closed the position, aluminum prices around 13700 yuan / ton, closing at 13700 yuan / ton
    .
    The trading volume decreased by 167,000 lots to 53,760 lots, and the position volume decreased by 1,560 lots to 226442 lots
    .
    The bulls did not move temporarily due to the shortness of the fundamentals, but the bears did not dare to exert force, and the position moved back, and the main force of Shanghai aluminum initially held the 10-day moving average, and it is expected to run 13600~13800 yuan / ton
    within the day.
    Spot discount 360~320 yuan / ton
    .

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