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

    Shanghai aluminum morning review on September 15

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Shanghai aluminum main force opened at 16575 yuan / ton, bulls cautious mood gradually thickened, closed the position to leave the market, Shanghai aluminum main force leaked, low recorded 16415 yuan / ton, then long and short choose to close the position under the wait-and-see, Shanghai aluminum shock rebounded, above 16530 yuan / ton shows strong resistance, long and short around this position to compete, Shanghai aluminum high shock closed at 16515 yuan / ton
    .
    The trading volume decreased by 381,000 lots to 150,830 lots, and the open position decreased by 2,330 lots to 423348 lots
    .
    Today, for the National Development and Reform Commission to spot check illegal production capacity nodes, the environmental protection supervision team began to work on the heating season, the market waited and waited for news, Shanghai aluminum sideways, in the case of weak surrounding metals, beware of Shanghai aluminum passive following the risk of falling, it is expected to run 16400~16600 yuan / ton
    within the day.
    Spot discount 90~50 yuan / ton
    .

    Shanghai aluminum

    In terms of the market, on the same day, SMM A00# aluminum spot price was 16240 yuan / ton, down 120 yuan / ton from the previous day, compared with the near-month contract discount of 90 yuan / ton, holders stable shipments, spot discount expanded, triggered some traders to receive goods, but due to the large fluctuation of aluminum futures, traders are generally cautious in receiving goods, downstream enterprises purchase on demand, and the overall transaction maintains stability
    .

    In terms of news, the economic data released by the Bureau of Statistics in August was generally lower than expected, of which fixed asset investment, total retail sales of social consumer goods and industrial added value have declined, private investment continues to decline, real estate and manufacturing performance is acceptable, considering that the domestic economic data in July has contracted, coupled with the sharp appreciation of the renminbi exports have been blocked, the economic performance is difficult to be optimistic
    .
    The US CPI was slightly higher than expected, the US dollar index recovered the 92 mark, yesterday's non-ferrous metal plunge released pressure, and the probability of volatility today is large
    .

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