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    Home > Chemicals Industry > New Chemical Materials > October 30 Shanghai aluminum brief comment

    October 30 Shanghai aluminum brief comment

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main 1812 contract opened at 14120 yuan / ton in the morning, briefly stretched up to 14145 yuan / ton at the beginning of the session, the first trading stage of the amplitude was large, the lowest price of the day was 14075 yuan / ton
    .
    After entering the second trading stage, the performance of Shanghai aluminum first rose and then declined, first slowly climbing to 14145 yuan / ton, but the upper pressure was greater, Shanghai aluminum continued to rise and turned low, once again recorded an intraday low of 14080 yuan / ton, and the daily close was 14085 yuan / ton, down 100 yuan / ton, down 0.
    7%.

    Shanghai aluminum

    South China South China aluminum ingot quotation 14050-14150 yuan, the average price of 14100 yuan, down 110 yuan, the end of the month capital is tight, the downstream just needs to be less mining, traders long orders have been implemented, shipment sentiment is not high, market transaction is light
    .
    The mainstream transaction price is concentrated between 14090-14110 yuan, which is -10~10 yuan
    higher than the average price of South China Reserve.

    Today's Nanchu East China aluminum ingot quotation is 14010-14050 yuan, the average price is 14030 yuan, down 90
    .
    Yangtze River: 14020-14060, 14040 down 70
    .
    The spot transaction price was slightly narrower than the discount of the month, and the holders were slightly priced out, and the transaction was relatively deadlocked
    .
    The transaction price is 14030 yuan ~ 14040 yuan, which is 0~10 yuan
    higher than the average price of South Reserve East China.

    Recently the decline in social aluminum ingot inventory has narrowed significantly, and consumption has not recovered significantly, so aluminum prices are difficult to get an upward driving force, superimposed on the macro trading atmosphere is relatively cold, Shanghai aluminum performance today is weak, maintain range volatility, is expected to continue to test the 5/10 daily moving average in the evening, continue to pay attention to the impact of external guidance and macro atmosphere on market traders
    ' confidence in the evening.

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