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    Home > Chemicals Industry > New Chemical Materials > November 5 Shanghai aluminum brief comment

    November 5 Shanghai aluminum brief comment

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main 1901 contract opened at the highest point of the day at 13960 yuan / ton in the morning, and the daily market basically took a volatile downward road, and stabilized at the end of the day
    .
    At the beginning of the session, it opened high and went low, falling below the daily moving average, testing down 13890 yuan / ton, although the first trading stage showed a trend of rising and climbing, but helplessly the support below was insufficient, China's October Caixin composite PMI index released in the morning was less than expected, and the upward performance of Shanghai aluminum was weak; The second trading stage basically around 13885 yuan / ton a narrow range of shock, the highest two stops at 13895 yuan / ton, the lowest at the end of the day to test down 13865 yuan / ton, the end of the day closed at 13895 yuan / ton, down 20 yuan / ton, down 0.
    14%, closed at the small black line
    .

    Shanghai aluminum

    Nanchu South China aluminum ingot quotation 13870-13970 yuan, the average price of 13920 yuan, up 10 yuan, the holder of the shipment is active, the middleman presses the price to receive the goods, the downstream procurement willingness is weak, the market trading activity is not high
    .
    The mainstream transaction price is concentrated between 13900-13920 yuan, which is a premium of -20~0 yuan
    compared with the average price of South China Reserve.

    Today's Nanchu East China aluminum ingot quotation is 13830-13870 yuan, the average price is 13850 yuan, up 40
    .
    Yangtze River: 13840-13880, 13860 up 80
    .
    The spot transaction price was narrower than the discount of the month, the willingness of the receiver to receive the goods declined, the holder shipped actively, the circulating supply in the market increased, the downstream maintained on-demand procurement, and the overall transaction was
    acceptable.
    The transaction price is 13840 yuan ~ 13860 yuan, which is a premium of -10~10 yuan
    compared with the average price of South Reserve East China.

    Today's non-ferrous metal green fat red thin, Shanghai aluminum opened the downtrend, giving up most of Friday's gains, but the decline in the colored market is still small, is expected to continue to test the 5-day moving average in the evening, continue to pay attention to the release of external aluminum price guidance and domestic related macro news in the evening
    .

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