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    Home > Chemicals Industry > New Chemical Materials > Market long-short game Shanghai aluminum oscillation operation

    Market long-short game Shanghai aluminum oscillation operation

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    On Tuesday, Shanghai aluminum opened at 13850 yuan / ton in the morning, before the afternoon long and short game under the Shanghai aluminum around the 20-day line oscillation operation, noon network rumors Weiqiao's electrolytic aluminum plant will reduce production by 250,000 tons, the news quickly spread to the market, the afternoon opening aluminum price straight up, the high once touched 14030 yuan / ton, then more flat in, Shanghai aluminum gave up part of the rise to close at 13995 yuan / ton, the volume increased to 281798 lots, the position increased by 5420 hands to 227922 lots
    。 After nearly two months of silence in the supply and reform news, the market finally has a new action, compared with Weiqiao's 8.
    5 million tons of operating capacity, the amount of 250,000 tons is slightly small, and from the plate point of view, the scale of bull entry is really limited, focusing on the long and short competition
    for the 10,400 integer mark.

    Shanghai aluminum

    In terms of the external market, in the morning, Lun aluminum opened at 1888.
    5 US dollars / ton, the Asian market before the afternoon Lun aluminum under pressure 10-day moving average running, in the afternoon the domestic market came out of Weiqiao production reduction news, aluminum prices were boosted by this volume rose rapidly, the high touched 1910 US dollars / ton, the end of the session Lun aluminum high fell back to the daily average of 1900 US dollars / ton, into the European trading session Lun aluminum around 1900 US dollars / ton narrow range, as of 17:24 Lun aluminum reported 1903.
    5 US dollars / ton, continue to pay attention to long and short for 1900 US dollars / / Tons of integer pass scramble
    .

    In terms of the market, aluminum futures fluctuated
    around 13,780 yuan / ton before noon of the month.
    Shanghai trading concentrated 13670-13680 yuan / ton, the discount for the month was 120-110 yuan / ton, Wuxi transaction concentrated 13670-13680 yuan / ton, Hangzhou transaction concentrated 13670-13690 yuan / ton
    .
    It is understood that there are downstream enterprises to maintain the value of their inventory, middlemen operate smoothly, without any waves, and the overall transaction is suppressed by high prices and off-season
    .
    In the late afternoon, aluminum soared that month, and the holders adjusted the price with the market, and the quotation was 13760-13790 yuan / ton, although there was an inquiry, but it was difficult to trade
    .

    Recently, the aluminum market has encountered policy promotion, and Shanghai aluminum has risen sharply, driving spot aluminum prices to rise
    day after day.
    The policy is favorable, one is that the captive power plant is facing an inventory last Friday, and the other is that the Xinjiang government requires Jichang Prefecture to strictly promote the elimination policy
    of electrolytic aluminum excess capacity.
    Analysts expect that under multiple supports, the aluminum market may stabilize and rebound
    in the near future.

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