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    Home > Chemicals Industry > New Chemical Materials > September 25 Shanghai aluminum brief comment

    September 25 Shanghai aluminum brief comment

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Shanghai aluminum main 1811 contract opened long today that a large number of positions closed out of the market, Shanghai aluminum gap opened low at 14670 yuan / ton, and then all the way down to test the lowest price of the day 14570 yuan / ton, after two o'clock in the afternoon at 14600 yuan / ton a narrow range of oscillations, the fluctuation range does not exceed 20 yuan / ton
    .
    Today closed at 14610 yuan / ton, down 60 yuan / ton, down 0.
    41%.

    Shanghai aluminum

    Today's South China aluminum ingot quotation of 14620-14720 yuan, the average price is 14670 yuan, down 140 yuan, the futures price is low and low, traders return funds to a large number of shipments, downstream mining is not good, traders wait and see less, the overall transaction of the market is flat, the mainstream transaction price is concentrated between 14640-14680 yuan, compared with the average price of South China - 30~10 yuan
    .

    Today's South Reserve East China aluminum ingot quotation is 14550-14590 yuan, the average price is 14570 yuan, down 120
    .
    Yangtze River: 14540-14580, 14560 down 140
    .
    Cargo holders are actively shipped, receivers mostly hold a wait-and-see attitude, receive goods at a low price, and have limited pre-holiday stocking and average transactions
    .
    The transaction price is 14530 yuan ~ 14550 yuan, which is a premium of -40~-20 yuan
    compared with the average price of South Reserve East China.

    Yesterday's market news said that in response to the threat of Western sanctions, Rusal or will set up a team of traders in China, responsible for trading Russian aluminum ingots in China, this news is bearish in the context of the US dollar index center of gravity caused a wave of Shanghai aluminum today's wave of pullback, weekly KDJ line has downward momentum, is expected to continue to test the 5-day moving average in the evening, continue to pay attention to the development of the US dollar index and related macro events in the evening
    .

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