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    Home > Chemicals Industry > New Chemical Materials > Market confidence gradually repaired and aluminum shocks rose slightly

    Market confidence gradually repaired and aluminum shocks rose slightly

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Wednesday, the main aluminum 2005 of Shanghai opened at 11410 yuan / ton
    in the morning.
    Shanghai aluminum maintained an amplitude range oscillation before noon, touching 11405 yuan / ton at a low level, and closing at 11490 yuan / ton before noon, up 0.
    74%.

    In the afternoon, due to the increase in production and maintenance of electrolytic aluminum enterprises in the market, the short risk-off Shanghai aluminum rose sharply, and at the end of the session, Shanghai aluminum crossed the 5-day moving average high to touch 11710 yuan / ton, closing at 11700 yuan / ton, up 265 yuan / ton, or 2.
    32%, to close above
    the 5-day moving average.

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1554.
    5 US dollars / ton
    in the morning.
    During the Asian session, the London aluminum shock strengthened
    .
    After the opening, Lun aluminum maintained a narrow range of oscillation, touching $1551 / ton at a low level, and the center of gravity gradually increased
    before the afternoon.
    In the afternoon, Lun aluminum continued to strengthen, to the trading time conversion stage, Lun aluminum high touched 1569.
    5 US dollars / ton, up nearly 1%, as of 15:00 Lun aluminum reported 1568.
    5 US dollars / ton
    .
    During the European session, Lun aluminum tried to rush higher, and the second high of 1569.
    5 US dollars / ton gradually weakened, to 17:00 Lun aluminum reported 1556.
    5 US dollars / ton, almost erasing the intraday gain.

    In the spot market, aluminum prices fell first and then rose
    before noon.
    In the morning, Shanghai Wuxi market holder quotation between 11330-11340 yuan / ton, spot liter discount in the discount between 90-70 yuan / ton, the price compared with the previous day increased by more than 120 yuan / ton, 10:30 late aluminum upward, the holder's quotation increased, concentrated between 11360-11380 yuan / ton, earlier up nearly 50 yuan / ton, Hangzhou area after 10:30 quotation between 11370-11390 yuan / ton
    。 The overall shipment of the holder during the day was more active, because the receipt price of a large household was not ideal, the market supply was loose, the willingness of the holder to ship did not converge with the aluminum price in the later stage, and the transaction between the middleman and the buyer was acceptable
    .
    Downstream intraday on-demand delivery is the mainstay, normal delivery
    .
    The overall intraday transaction in East China is average
    .
    In the late afternoon, the transaction price of individual holders of aluminum upside was 11590, and the discount on the opposite plate was around 80 yuan / ton, and the transaction was very small
    .

    Domestic economic activity continues to recover, consumption continues to improve, and market confidence is gradually restored
    .
    However, the epidemic situation abroad has not slowed down, consumption has shrunk sharply, and aluminum exports have been setback
    .
    With the recovery of domestic consumption, prices have bottomed out, but the pessimism caused by the epidemic abroad cannot be ignored
    .

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