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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum oscillated upward The actual transaction of the market is slightly average

    Shanghai aluminum oscillated upward The actual transaction of the market is slightly average

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Wednesday, the main 2004 contract of Shanghai aluminum opened at 13385 yuan / ton
    in the morning.
    After the opening, the bears took the initiative to increase their positions to put pressure, and the Shanghai aluminum dive quickly fell below the 5-day moving average, and the low once touched 13155 yuan / ton
    .
    Subsequently, the low level led to a short flat and more in, and the Shanghai aluminum shock upside continued to repair the intraday decline, closing at 13250 yuan / ton, still below
    the 5-day moving average.
    Positions increased by 7144 lots to 127611 lots, and Shanghai aluminum index positions increased by 7026 lots to 405735 lots
    .
    With the rise in the cost price of various raw materials of electrolytic aluminum, the current average cost of electrolytic aluminum has risen to 13400 yuan / ton
    .
    At the same time, considering the Fed's interest rate cut, the US index continues to fall, the trend of London aluminum is relatively strong, it is expected that the support of the 13200 yuan / ton integer mark below is relatively strong, and the short-term Shanghai aluminum is still dominated by low consolidation
    .

    Shanghai aluminum

    In terms of external disk, Lun aluminum opened at 1728.
    5 US dollars / ton
    in the morning.
    During the Asian session, Lun Aluminum quickly dipped after a brief entanglement at the open, and the low once fell below the 20-day moving average to record 1717 US dollars / ton
    .
    Near noon, Lun aluminum rose slightly back above the 20-day moving average, and maintained a narrow range in the afternoon, as of 15:00 Lun aluminum was reported at 1722.
    5 US dollars / ton
    .
    During the European session, Lun aluminum tried to break upward, the high touched 1731.
    5 US dollars / ton has not yet touched the previous day's high, as of 16:47 Lun aluminum reported 1731 US dollars / ton
    .

    In the spot market, aluminum fluctuated back in
    the early afternoon.
    Shanghai Wuxi market spot trading price in the morning concentrated between 12990-13000 yuan / ton, liter discount between 120-110 yuan / ton, with the fall of aluminum in the future, after 10:30 the transaction price began to concentrate between 13010-13030 yuan / ton, liter discount in the discount of 100-90 yuan / ton, the spot price fell more than 140 yuan / ton from the previous day, Hangzhou transaction price between 13010-13030 yuan / ton
    .

    Intraday morning traders trading is acceptable, a large account released more than 10,000 procurement plans, the second trading stage aluminum prices fell, spot discount did not significantly narrow, the cargo sentiment under the low price of the holder was frustrated, shipments converged, other middlemen received goods at low prices very actively, the market transaction price rose slightly earlier, but at this time the transaction heat fell, the actual transaction was slightly general
    .
    Downstream intraday on-demand purchase is the mainstay, the performance is wait-and-see, and the receipt of goods is flat
    .
    In the late afternoon, the aluminum range was mainly volatile, the market transaction was light, a small number of holders shipped around 13030 yuan / ton, the opposite surface discount of about 80 yuan / ton, only some transactions between traders, almost nothing
    downstream.

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