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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum afternoon review on August 14

    Shanghai aluminum afternoon review on August 14

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 14185 yuan / ton, after the opening of the bears entered the market to put pressure, the plate slightly down to the low of 14105 yuan / ton, and then maintained a narrow range of shock, the end of the short short closing exit, the closing price was 14155 yuan / ton, K line closed as a short black line long lower shadow, Holdings decreased by 5,968 lots to 302,000 lots, the daily K line on the Bollinger track on the rails, after China's Hongqiao official announced that heavy rain had little impact on electrolytic aluminum production, overnight aluminum prices have retraced, but the medium and long-term aluminum prices maintain strong volatility, it is expected to fall back to last week's low, it is expected that today's operating range is between 14100-14200 yuan / ton, and the spot liter discount is between 10 yuan - 30 yuan / ton
    .

    Shanghai aluminum

    The price of AOO aluminum ingots in East China was 14270 yuan / ton, up 270 yuan
    .
    Yesterday's aluminum price increase exceeded the downstream psychological acceptance range, and the downstream wait-and-see mood is stronger today; On the eve of the release of domestic economic data, the market maintained a cautious attitude, and it is expected that spot aluminum prices will be slightly lowered today
    .

    On Tuesday evening, stimulated by another call by high-level representatives of Sino-US trade and the news of the postponement of US tax increases, risk appetite in domestic and foreign markets rebounded, risk assets rose sharply, the external nonferrous sector collectively recovered, and the internal metal rose and fell mixed, and the main contract of Shanghai aluminum futures closed at 14155 yuan / ton, down slightly by 0.
    21%.

    Recently, financial assets are at a sensitive point, the volatility and differentiation of various varieties of the non-ferrous sector have strengthened, and the short-term focus on the supply interference of copper mines in Peru and the impact of Shanxi alumina production restrictions, and it is operationally recommended that copper continue to be held, and aluminum is more than high to reduce positions
    .

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