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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum closed slightly during the day and was vigilant in chasing high risks

    Shanghai aluminum closed slightly during the day and was vigilant in chasing high risks

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of Shanghai aluminum opened at 12275 yuan / ton in the morning, the bulls tried to enter at the beginning of the session, pushing up aluminum prices slightly upward, bears then left the market and waited, aluminum prices rose to touch 12370 yuan / ton, short-term bulls closed positions here, Shanghai aluminum main force fell again, noon Jiaozuo Wanfang stop production news fermentation, bears have closed positions one after another to avoid risk, aluminum prices fluctuated upward, short-term bulls took profits at the end of the session, Shanghai aluminum main force closed at 12330 yuan / ton
    .

    Shanghai aluminum

    In terms of the external market, in the morning, Lun aluminum opened flat at 1644 yuan / ton, the Asian market early Lun aluminum around the daily moving average wide oscillation, then stabilized 1643 yuan / ton, into the European trading session, affected by the US dollar rise, crude oil diving impact, Lun aluminum was pressed down, the low touched 1637 yuan / ton, the recovery was hindered by the daily moving average
    .
    Lun aluminum has been in a row for four consecutive years, the pressure has become heavier, and it is slightly difficult to maintain stability, or it will rely on the drive of other strong metals
    .

    In terms of the market, the low level of aluminum volatility, Wanfang due to flood shutdown, boost the spot market atmosphere, holders control shipments, high prices and sales, with the active transaction of Shanghai holders along the way to raise prices, the later transaction appeared 12550-12560 yuan / ton of high quotation, because the spot pair of the month premium, warehouse receipt Qingtongxia into Wuxi spot market, the transaction price concentrated 12540 yuan / ton, middlemen replenishment willingness to increase, active inquiry, downstream enterprises passively follow the receipt, the overall transaction is warmer than yesterday, Although the supply of Wanfang has been temporarily blocked, the basic balance of supply and demand has not fundamentally changed, and it is still necessary to be vigilant against high risks
    .
    In the late afternoon, aluminum rose slightly in the month, and the sellers were reluctant to sell, and the market only heard that Qingtongxia was sold in Wuxi, and the price was still 12,540 yuan / ton, and there was almost no transaction
    .

    Shanghai aluminum closed slightly in the day, although the downward momentum still exists, but need to be vigilant against the impact of such sudden events as Jiaozuo Wanfang forced to stop production on market sentiment, it is expected that short-term Shanghai aluminum will maintain volatility, continue to pay attention to the impact of the shutdown event speculation on the plate, and be vigilant of chasing high risks
    .

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