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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum rose slightly, and the short-term shock market was more prominent

    Shanghai aluminum rose slightly, and the short-term shock market was more prominent

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    This morning, Panlun aluminum fell from last night's high, dragging Shanghai aluminum to the 14,000 yuan line
    .
    There is no direction guidance on the technical side, the confidence of the bulls is slightly insufficient, and a small number of profits are mainly
    taken out of the market.
    Before the Dragon Boat Festival holiday, it is expected that Shanghai aluminum will mainly fluctuate around 14,000 yuan, with an operating range of 13,900-14,100 yuan
    .

    Shanghai aluminum

    In terms of the market, the market in South China is still abundant, but the concessions of cargo holders are limited, the heavy rainy weather in the Pearl River Delta region, the transportation is inconvenient, coupled with the weak performance of Shanghai aluminum in the morning, the downstream still has a fear of heights, mainly receiving goods at low prices, and the market trading situation is relatively light
    .
    It is expected that near the Dragon Boat Festival, downstream demand will appear
    in the next two days.

    Nanchu East China aluminum ingot quotation 1381-13850 yuan, the average price of 13830 yuan, up 20
    .
    Earlier, the East China market quoted around 13820-13830 yuan, but then there was more procurement demand, and the transaction price rose slightly to around 13840 yuan, and then the futures fell slightly, and the transaction price fell again to around
    13820-13830 yuan.
    Overall, the average price premium of the Yangtze River is between
    -30~-10.

    The price of South China aluminum ingots was 13860-13960 yuan, with an average price of 13910 yuan, up 40 yuan
    .
    The market supply is still abundant, the transaction is slightly deadlocked, and the mainstream transaction price is concentrated between 13900-13920 yuan, which is -10~10 yuan
    higher than the average price of South China Reserve.

    Today's aluminum prices rose slightly, and the short-term shock market was more prominent
    .
    With the deepening of the off-season, the purchase of aluminum manufacturers is obviously cautious, under normal circumstances, when the price of aluminum continues to rise, cautious or on-demand procurement, when the price of aluminum continues to fall, the purchase is more active
    .
    At present, the environmental protection wind still continues to affect the demand of the aluminum market, and the industry expects that there is still resistance
    to 14,000 yuan.

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