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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum may still be difficult to stop falling Pay attention to the release of bearish energy

    Shanghai aluminum may still be difficult to stop falling Pay attention to the release of bearish energy

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai aluminum main 1812 contract opened at 14,070 yuan / ton in the morning, and the first trading stage basically centered around 14,085 yuan / ton The narrow range of the shock slightly sinked
    。 After the opening of the second trading stage, the bears poured in sharply, increasing positions by more than 4,000 lots in ten minutes, Shanghai aluminum instantly fell below the 14,000 yuan / ton mark to test the low level of 13,955 yuan / ton, and then some bears took advantage of the trend to leave the market, although Shanghai aluminum has risen but it is difficult to beat the pressure above, began to slide slowly all the way, twice touched the lowest price of 13935 yuan / ton intraday, refreshing the lowest price since mid-July, the end of the daily session at 13955 yuan / ton a line to step back to stabilize, and finally closed at 13960 yuan / ton, down 160 yuan / ton, A decrease of 1.
    13%.

    Shanghai aluminum

    In terms of external trading, Lun aluminum opened at the highest point of the day at 1971 US dollars / ton in the morning, and took a volatile downward road at the beginning, and the Asian market began to fluctuate in a narrow range around the daily average of 1965 US dollars / ton, with a volatility of less than 10 US dollars / ton, and fell below the daily average from noon, until the beginning of the European market was under pressure, and recorded the lowest price of 1961 US dollars / ton, refreshing the recent low price
    again 。 After entering the European trading session, Lun Aluminum tried to rise on the daily moving average, but was still blocked at 1970 US dollars / ton, as of 17:50, Lun aluminum after two high falls, began to seek support around 1966.
    5 US dollars / ton A narrow range of shocks, reported at 1965 US dollars / ton, performance small black line, up 0.
    5 US dollars / ton, up 0.
    03%.

    In the spot market, aluminum fell sharply after the range shock of the month
    .
    Shanghai transaction concentration 13930 ~ 13990 yuan / ton, the current month discount 50 ~ discount 30 yuan / ton, Wuxi transaction concentration 13930 ~ 13990 yuan / ton, Hangzhou transaction concentration 14010 ~ 14020 yuan / ton
    .
    Intraday aluminum fluctuates greatly, and after the range shock, it begins to fall sharply, causing confusion in the market transaction price, and the quotation difference between them is large
    .
    The main transaction price in the first trading stage is concentrated between 13980 ~ 13990 yuan / ton, and the second trading stage aluminum fell too fast, the transaction price is concentrated between 13930 ~ 13980 yuan / ton, and when the aluminum falls to the lowest point, there are even quotations at 13910 yuan / ton
    .
    Due to the rapid decline in prices, the downstream began to take a wait-and-see attitude towards prices, and the market was dominated by middlemen, and traders showed willingness to hold prices, and the overall transaction was not as good as the previous day
    .

    Intraday Shanghai aluminum main bears atmosphere is strong, long-term weak shock situation, China's official October PMI index is less than expected again consume the confidence of market participants, while the dollar index high pressure on the outer metal, the inner metal is green across the board, Shanghai aluminum in its own no support background, by the bears suppressed, down to below the 10,000 mark and difficult to get upward driving force, the daily MACD line green column lengthened, KDJ line downward momentum is obvious, it is expected that it may still be difficult to stop the decline, pay attention to the release of bearish energy

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