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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum shock rose slightly, and hit the highest point in two months within the day

    Shanghai aluminum shock rose slightly, and hit the highest point in two months within the day

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    On Monday, the main contract of Shanghai aluminum 1806 oscillated slightly, trading at 14670-14490 yuan / ton during the day, closing at 14625 yuan / ton, up 0.
    31% per day, currently breaking through the 60 moving average, running on all moving average groups, reaching the highest point of 14670
    .
    Shanghai aluminum continues the positive arrangement of near low and far high, of which the positive price difference between Shanghai aluminum 1805 contract and 1806 contract is 80 yuan / ton
    .

    Shanghai aluminum

    In the external market, Asia Lun aluminum rose high in the afternoon, of which the 3-month LME aluminum reported 2324 US dollars / ton, the trading range was 2327-2275 US dollars / ton, up 2.
    13%
    per day.
    At present, London aluminum is effectively running above the moving average group, but last week recorded a rise of as high as 10.
    78%, short-term need to be wary of aluminum prices may fall into high oscillation sorting
    .

    In terms of the market, on April 16, Shanghai aluminum trading concentrated 14450-14460 yuan / ton, 70-60 yuan / ton for the current month, and 40-30 yuan / ton
    for the next month.
    Wuxi transaction concentration is 14450-14460 yuan / ton, Hangzhou transaction concentration is 14440-14450 yuan / ton
    .
    Holders are actively shipping, some middlemen are actively receiving goods, downstream enterprises purchase on demand, the purchase volume is stable, and the overall transaction is warmer
    than last Friday.

    In terms of inventory, during the day, the aluminum warehouse receipt of the previous period was 864402 tons, an increase of 10,651 tons
    over the previous trading day.
    As of April 16, LME aluminium ingot stocks were 1360275 tonnes, up 15,100 tonnes
    from the previous session.

    Industry information, recently, the Sichuan Provincial Bureau of Safety Supervision announced the "Strengthen Safety Law Enforcement Inspection and Promote the Withdrawal of Backward Production Capacity in accordance with laws and regulations", which clarifies that this year will carry out comprehensive safety production law enforcement inspections in key industries such as steel, coal, cement, electrolytic aluminum, flat glass, lead batteries, leather, papermaking, printing and dyeing, and will publish the list of the first batch of enterprises in the province that do not meet the standards and should be rectified within a time limit on the portal website and the website of the Provincial Work Safety Supervision Bureau
    .
    If there are still no safe production conditions after rectification within a time limit or suspension of production and business for rectification, it shall be reported to the local people's government to close it
    .

    During the day, the Shanghai aluminum 1806 oscillation rose slightly to 14625 yuan / ton, and touched the highest point in two months at 14670
    within two months.
    Due to the recent reduction of domestic aluminum social inventory, it is necessary to pay attention to the sustainability of inventory reduction in the later stage, and at the same time, the US sanctions against Rusal continue to be affected
    .
    Operationally, it is recommended that the Shanghai aluminum 1806 contract can be backed above 14400 yuan to bargain price, enter the market reference around 14550 yuan, and target attention to 14750 yuan
    .

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