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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum lacks re-rise momentum and sinks from the previous day

    Shanghai aluminum lacks re-rise momentum and sinks from the previous day

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai aluminum main 1811 contract opened at 14565 yuan / ton, the beginning of the session upward touch the highest price of the day 14625 yuan / ton, but the upper pressure is greater Shanghai aluminum lack of re-rise momentum, turned downward, all the way down to the intraday low of 14495 yuan / ton began to consolidate, and then slightly tested 14550 yuan / ton, the center of gravity at the end of the day sank recorded a long black line, touched 14505 yuan / ton, closed at 14505 yuan / ton, down 95 yuan / ton, down 0.
    65%.

    Shanghai aluminum

    In terms of external trading, Lun aluminum opened at 2057 US dollars / ton in the morning, briefly tested 2062.
    5 US dollars / ton at the beginning of the session, and then opened the road of intraday exploration, falling to the lowest of 2044 US dollars / ton in the day, and the Asian trading session was volatile and consolidated
    .
    Entering the European trading session, the trading atmosphere of the non-ferrous sector turned good, non-ferrous metals have been warmed up to varying degrees, Lun aluminum after two pull-up, broke through the upward in the highest price of the day of 2070 US dollars / ton, as of 17:40, the end of the session slightly fell price contraction, reported at 2062 US dollars / ton, up 4.
    5 US dollars / ton, or 0.
    22%.

    In the spot market, aluminum will run in shock before noon of the month, and the center of gravity will be downward
    .
    Shanghai transaction concentration 14500 ~ 14510 yuan / ton, for the month discount 20 yuan / ton to flat water, Wuxi transaction concentration 14500 ~ 14510 yuan / ton, Hangzhou transaction concentration 14510 ~ 14530 yuan / ton
    .
    Due to the almost no price difference between spot and future-based aluminum, almost flat water transactions, warehouse receipts continue to flow into the market, middlemen receive goods cautiously, downstream enterprises maintain stable procurement, and the overall transaction maintains stability
    .

    Shanghai aluminum closed negative during the day, sinking from the previous day, but still above the 60-day line
    .
    Aluminum price fundamentals are also almost no bright spots, and it is expected to continue to test the 5/40 daily line, while paying attention to the progress
    of relevant macro events such as Rusal sanctions and Hydro's resumption of production.

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