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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum morning review on March 15

    Shanghai aluminum morning review on March 15

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    Overnight, the main force of Shanghai aluminum opened at 13620 yuan / ton, yesterday afternoon sharply increased the short short-term operation, the evening rush to close positions, Shanghai aluminum high recorded 13780 yuan / ton, broke through the 5-day moving average, triggered the long high position to close the flight, aluminum prices fell back to close at 13710 yuan / ton
    .
    The trading volume decreased by 201,000 lots to 137,340 lots, and the open position decreased by 9,592 lots to 292206 lots
    .
    In view of the good consumption, short short-term operation, high inventory and policy expectations after the failure, bulls confidence is more insufficient, long and short game in the bears take the initiative, in recent days more and the lower shadow directly pointed to the 60-day moving average, the 60-day moving average is in danger, is expected to run 13550 ~ 13770 yuan / ton
    within the day.
    Spot discount 90~50 yuan / ton
    .

    Shanghai aluminum

    Overnight Lun aluminum opened at 1883 US dollars / ton, the beginning of the session aluminum price fell slightly, around the daily moving average shock sorting out in the afternoon, the afternoon dragged down by the domestic Shanghai aluminum, Lun aluminum fell sharply, successively fell below the 5/40 daily moving average support, into the European trading session Lun aluminum shock downward, the low touched 1855 US dollars / ton, driven by Shanghai aluminum at night, Lun aluminum rebounded to 1879 US dollars / ton above the 5-day moving average, and fell below the 5-day moving average again at the end of the day, straight to 1861 US dollars / ton
    below the 40-day moving average.
    The trading volume increased by 4015 lots to 17029 lots, and the position decreased by 6865 lots to 718241 lots
    .

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