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March 8 Shanghai aluminum morning review

 Last Update: 2022-12-04
 Source: Internet
 Author: User

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thermometer high low

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Overnight Shanghai aluminum 1705 contract opened at 13835 yuan / ton, driven by the rise of Lun aluminum, bulls actively entered the market, aluminum prices pulled up 13910 yuan / ton, near the previous Yang line high, that is, suppressed by short positions, aluminum prices fell back in response, the low touched 13760 yuan / ton, touched the 40-day moving average support, with Lun aluminum rebounded again, short short-term operation, leaving the market to avoid risk, aluminum prices fell and rebounded to close at 13860 yuan / ton
.
The trading volume decreased by 61424 lots to 64524 lots, and the position increased by 4618 lots to 278572 lots
.
The 40-day moving average support is gradually strengthening, the long and short continue to game, Shanghai aluminum low oscillation, is expected to run 13770~13970 yuan / ton
within the day.
Spot discount 170~130 yuan / ton
.

Shanghai aluminum

Overnight Lun aluminum opened at 1881 US dollars / ton, the Asian session continued yesterday's decline, Lun aluminum trend is weaker, aluminum prices slightly downward, into the European trading session Lun aluminum maintained a low level of shock, the range of shock gradually increased, the low touched 1864.
5 US dollars / ton, overnight Lun aluminum first taste rebound, in the daily average was suppressed back to the daily moving average, the end of the day Lun aluminum then stored up momentum, the center of gravity rose rapidly, the high touched 1885 US dollars / ton, closed at 1884 US dollars / ton
.
The trading volume decreased by 7712 lots to 11554 lots, and the position volume decreased by 4156 lots to 722002 lots
.

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