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    Home > Chemicals Industry > New Chemical Materials > February 9 aluminum market morning review

    February 9 aluminum market morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    Overnight the external aluminum market opened at 1830 US dollars / ton, at the beginning of the session by the domestic futures market led a slight upward, above the pressure of the daily moving average resistance, then fell to 1831 US dollars / ton a narrow range finishing, afternoon Lun aluminum low rose to break through the 5-day moving average resistance, into the European trading session aluminum price quickly climbed to around 1845 US dollars / ton, hindered by the previous high, around this high oscillation, overnight, Shanghai aluminum quickly pulled up, the US index fell sharply, Lun aluminum broke through the resistance, continued to climb, the high recorded 1856 US dollars / ton, The late-day high closed at $1848.
    5 / ton
    .
    The trading volume increased by 3765 lots to 12212 lots, and the position decreased by 4681 lots to 738384 lots
    .

    Aluminum City

    Overnight Shanghai aluminum 1704 contract opened at 13750 yuan / ton, early intraday bulls actively increased positions, aluminum prices climbed rapidly, the high touched 13925 yuan / ton, long high show timidity, short-term operation-based, a small number of short high profit liquidation, aluminum prices around 13890 yuan / ton high oscillation, closed at 13900 yuan / ton, trading volume decreased 57558 hands to 59018 lots, position increased by 1944 hands to 249518 lots
    .
    Aluminum futures increased positions upward, RSI expanded upward, the futures price spread narrowed, and those who bought and sold in the early stage closed their positions at profit, and it is expected to run 13780~14000 yuan / ton
    within the day.
    Spot discount 150~110 yuan / ton
    .

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