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    Home > Chemicals Industry > New Chemical Materials > Pressured by short positions to increase positions, aluminum gave up the previous day's gains

    Pressured by short positions to increase positions, aluminum gave up the previous day's gains

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Tuesday's Shanghai aluminum main 2007 contract opened at 12,600 yuan / ton in the morning, the opening is from the previous day's high began to go down, intraday by the pressure of short positions increase, all the way down the shock, as of the close recorded the lowest point of the day 12415 yuan / ton, down 120 yuan / ton, down 0.
    96%, closed at the small black line, giving up all the previous day's gains
    .

    Period aluminum

    In terms of the external market, Lun aluminum opened at 1495.
    5 US dollars / ton in the morning, briefly higher at the beginning of the session to touch the highest point of 1499.
    5 US dollars / ton intraday, but similar to the previous day, the upper 1500 US dollars / ton mark pressure is strong, then the high level falls, all the way slowly down, after entering the European market short positions increased heavy losses Lun aluminum, as of 18:15 Lun aluminum low fell to 1481.
    5 US dollars / ton, closed at 1482.
    5 US dollars / ton, down 13 US dollars / ton, down 0.
    87%.

    In terms of the market, the aluminum shock fell back in the early afternoon, and the spot price fluctuated greatly
    .
    In the morning, the spot price in Shanghai Wuxi area is between 13020-13040 yuan / ton, the high price is only purchased by large market households, other traders transaction price is low, after 10:30 with the sinking of aluminum while the shippers of the goods increase rapidly, the market transaction price began to concentrate between 12080-13000 yuan / ton, the spot price before the afternoon is concentrated in the flat water to liter around 20 yuan / ton, the spot price is basically the same as the previous day, but the actual transaction situation is obviously not as good as the previous day, The market is more and less prominent
    .
    Normal downstream procurement, on-demand stocking
    .
    In the late afternoon, aluminum sank, and the price of the holder was around 12940-12950 yuan / ton, and there was almost no transaction
    near the flat water of the month.

    From a technical point of view, the pressure of the upper 60-day moving average is strong, and it is difficult to break through under the pressure of Shanghai, considering that the pattern of near strength and far weakness of the disk is further expanded, and the fundamental long-term consumption is weak, the short-term is expected to continue to have limited upward space, and continue to maintain the shock below the 60-day moving average
    .
    Pay attention to changes in long and short positions
    .

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