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    Home > Chemicals Industry > New Chemical Materials > March 22 Shanghai aluminum morning review

    March 22 Shanghai aluminum morning review

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 13895 yuan / ton, the early rumor fermentation is nearing the end, the bears closed their positions and waited, the bulls actively increased their positions, aluminum prices rose, climbing 13980 yuan / ton, the bulls took profits at the high, the aluminum price fell rapidly, the low touched 13795 yuan / ton, and the low end of the day closed at 13820 yuan / ton
    .
    The trading volume decreased by 106,000 lots to 180892 lots, and the position decreased by 11,214 lots to 297502 lots
    .
    Under the assistance of rumors, the bulls did not continue to enter the market, after a false shot, the profit left, the bears are still wary of this, it is expected that the long and short passive game is the mainstay, and the intraday operation is 13750~13950 yuan / ton
    .
    Spot discount 200~160 yuan / ton
    .

    Shanghai aluminum

    Overnight Lun aluminum opened at 1915 US dollars / ton, during the Asian session Lun aluminum followed Shanghai aluminum to test the low recovery, the low touched 1909 US dollars / ton, into the European trading session, the domestic will disclose the current unapproved part of the production capacity rumors fermented in the overseas market, coupled with foreign fundamentals are better than domestic fundamentals, bulls gain confidence to actively enter, Lun aluminum volume rose rapidly, the high touched 1941 US dollars / ton, Shanghai aluminum night momentum is weak, Lun aluminum high fell back to close at 1923 US dollars / ton, The trading volume increased by 4425 lots to 17346 lots, and the position increased by 3978 lots to 693836 lots
    .
    Lun aluminum increased its position upward for 3 consecutive days, the RSI opening expanded upward, and the upward momentum was sufficient, and it is expected to run 1915~1950 US dollars / ton
    within the day.

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