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January 26 Shanghai aluminum morning review

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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Overnight Shanghai aluminum main force opened at 14760 yuan / ton, Lun aluminum strong, aluminum ingot inventory decreased, Shanghai aluminum ushered in a short upward opportunity, long increase positions, Shanghai aluminum touched 14820 yuan / ton, but higher than 14800 yuan / ton after the bulls cautiously waited and watched, bears tried to test the short, Shanghai aluminum around the 40-day moving average oscillation, bulls did not have continuous action and Lun aluminum downward driven, bears strengthened the entry force, Shanghai aluminum fell back, the low touched 14730 yuan / ton, and at the low level of 14740 yuan / ton shock, closed at 14740 yuan / ton
。 The trading volume decreased by 190,000 lots to 90,600 lots, and the position increased by 3,032 lots to 317388 lots
.
Lun aluminum fluctuates into a box, and the resistance above Shanghai aluminum is 14800 yuan / ton, and it is expected to run 14650~14820 yuan / ton
in the day.
Spot discount 150~110 yuan / ton
.

Shanghai aluminum

In terms of the market, on the same day, the spot price of SMM A00# aluminum was 14550 yuan / ton, up 190 yuan / ton from the previous day, and 120 yuan / ton discount to the near-month contract.

The Shanghai aluminum night session showed a retreat from the high, and the confidence of the bulls was slightly lacking
.
After the decline in domestic aluminum ingot inventories, the market is still worried that the better weather in the north will concentrate the arrival of goods, forming a new round of pressure
on inventories.
Therefore, it is believed that it is still difficult
for Shanghai aluminum to break through the range of more than 15,000 yuan in the short term.

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