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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum shock upward, the market is reluctant to sell and wait and see

    Shanghai aluminum shock upward, the market is reluctant to sell and wait and see

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of Shanghai aluminum opened at 14635 yuan / ton in the morning, after the opening of Shanghai aluminum began to fluctuate upward, in the afternoon due to the surrounding nonferrous varieties collective red continued to rise, the end of the session closed at 14885 yuan / ton
    .
    The central bank continued to release water during the MLF operation during the day, and the inflow of funds from the colored sector was obvious, and the overall rise
    followed.
    However, relatively speaking, non-ferrous aluminum has the smallest increase, and there is still no clear direction
    .
    In the near future, pay attention to the process of rectification of electrolytic aluminum captive power plants, or will take the opportunity to break through the upper rail of Brington to reach a new platform
    .

    Shanghai aluminum

    In terms of external trading, Lun aluminum opened at 2311 US dollars / ton in the morning, and after the opening, Lun aluminum rose slightly, and after entering the Asian session, Lun aluminum continued to maintain a narrow range of
    shock.
    In the afternoon, with the sharp rise of domestic Shanghai aluminum, Lun aluminum sought a breakthrough, touching a high of $2345 / ton
    .
    After entering the European session, Lun Aluminum gave up its shocks, and as of 17:38, Lun Aluminum was quoted at $2331 / ton
    .
    At present, Lun Aluminum has been located above all moving averages, whether it can break through the 2350 US dollars / ton platform still needs to see the subsequent trend of Shanghai aluminum, pay attention to the operation of Shanghai aluminum, it is expected that Lun aluminum will try to break through the 2350 US dollars / ton platform
    in the evening.

    In terms of the market, aluminum fluctuated upward that month
    .
    Shanghai transaction concentration is 14630~14660 yuan / ton, the discount for the month is 50~40 yuan / ton, Wuxi transaction concentration is 14630~14660 yuan / ton, Hangzhou transaction concentration is 14660~14670 yuan / ton
    .
    Intermediaries maintain a high willingness to receive goods, downstream enterprises purchase on demand, market circulation remains normal, and the overall transaction is good
    .
    In the late afternoon, the center of gravity of aluminum moved up, and the transaction price in East China was 14660~14670 yuan / ton.

    Industry News:

    1.
    Interfax reported that Rusal, the world's second-largest aluminum producer, added 197,000 tons of exports in May, nearly three times
    more than in April.

    2, foreign media news on June 5: Matthewchamberlain, CEO of the world's largest base metals exchange - London Metal Exchange (LME), said that the exchange is working hard to determine whether the trading ban
    on Rusal products can be temporarily lifted.

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