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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum narrow range oscillation short-term to maintain a weak posture

    Shanghai aluminum narrow range oscillation short-term to maintain a weak posture

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai aluminum main 1812 contract opened at 14130 yuan / ton in the morning, and a wave of short positions at the beginning of the session Shanghai aluminum barely rose to 14190 yuan / ton, but the upper pressure was large, and Shanghai aluminum hovered slightly and sank to 14115 yuan / ton, and then fluctuated
    in a narrow range around 14140 yuan / ton.
    In the afternoon, the bears entered the market to increase their positions by about 8,000 lots, hitting Shanghai aluminum direct leakage to the lowest price of 14015 yuan / ton in the day, and began to rise at a low level at the end of the day, slowly rising to 14155 yuan / ton, and the daily close was 14140 yuan / ton, down 160 yuan / ton, down 1.
    12%.

    Shanghai aluminum

    In terms of external trading, Lun aluminum jumped high at 2029.
    5 US dollars / ton in the morning, the opening price was the high price of the day, and then the Asian trading session opened a downward road, all the way down to 2017 US dollars / ton hovered, and in the afternoon again explored the lowest price of the day of 2009.
    5 US dollars / ton, refreshing a new low in January, and the Asian market picked up
    slightly at the end of the session 。 After entering the European trading session, Lun aluminum began to rise at a low level, climbing upward to around 2025 US dollars / ton to stabilize, as of 17:30, Lun aluminum closed at 2021.
    5 US dollars / ton, closed at the small black line, weekly MACD green column lengthened, in the context of the US dollar index at a high of 95.
    5, short-term still under pressure, is expected to continue to hold the $2000 mark, pay attention to the US dollar index and last week's quarterly adjustment after the initial jobless claims and other macro data
    .

    In the spot market, aluminum fluctuated downward in the month
    .
    Shanghai transaction concentration is 14080~14100 yuan / ton, the discount for the month is 60~50 yuan / ton, Wuxi transaction concentration is 14080~14100 yuan / ton, Hangzhou transaction concentration is 14110 ~ 14130 yuan / ton
    .
    The shipper's attitude to intraday shipments is still relatively positive, but the overall willingness to receive goods downstream is not strong, and the overall transaction is flat
    .
    In the late afternoon, aluminum fell, almost traded, and the quotation range was between
    14010~14050 yuan / ton.

    Due to the lack of substantial positive news to drive the upside, while bearish news is rising and falling, the recent fundamental cost side and consumer side news is short, it is expected that aluminum prices will maintain a weak posture in the short term, continue to hold the 10,400 mark as the goal, continue to pay attention to the external market dynamic guidance and related alumina plant and electrolytic aluminum plant news guidance
    .

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