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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum has risen too much recently, and it is necessary to be wary of the risk of a high fall

    Shanghai aluminum has risen too much recently, and it is necessary to be wary of the risk of a high fall

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    Today's Shanghai aluminum main month 2104 contract opened at 16545 yuan / ton, the highest intraday 16965 yuan / ton, the lowest 16455 yuan / ton, settled 16690 yuan / ton, and closed at 16735 yuan / ton, up 210 yuan
    .
    Today, Shanghai aluminum continued to rise, electrolytic aluminum new production capacity was slowly released, the accumulation was less than expected, the expected increase in demand after the holiday was promoted, and the US stimulus policy ushered in progress
    .

    Shanghai aluminum

    Today's Lun aluminum fluctuated at a high level, and the LME three-month aluminum was reported at 2158.
    5 US dollars / ton at 15:00 Beijing time, up 22.
    5 US dollars, or 1.
    05%,
    from the settlement price of the previous trading day.

    In terms of the market, today's spot trading price of Yangtze River is 16700-16740 yuan / ton, up 300 yuan; Guangdong South Reserve reported 16700-16760 yuan / ton, up 320 yuan; Hua reported 16820-16840 yuan / ton, up 300 yuan
    .
    Holders began to sell, large households had limited enthusiasm for receiving goods, receivers were afraid of heights and wait-and-see, and trading performance was average
    .

    As of last Friday, East China spot aluminum was between 16410-16450 yuan / ton, up 660 yuan / ton from before the holiday, and the spot was in a flat water state
    .
    It is expected that next week's spot aluminum may fall back in shocks, and holders can ship an appropriate amount at a high level, and wait and see
    downstream.

    Shanghai aluminum rose sharply this week, with a cumulative increase of 3.
    71%; Overall, before consumption has not fully realized, it remains to be seen whether aluminum prices can maintain a high level, coupled with the recent rise is too large, it is necessary to be vigilant against the risk of a high fall, and next week's Shanghai aluminum main focus on the fluctuation range of 1.
    58-16,600
    .

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