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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum trend rises, the overall performance of shock stabilized

    Shanghai aluminum trend rises, the overall performance of shock stabilized

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai aluminum main 1811 contract opened at 14575 yuan / ton in the morning, and the opening briefly rushed up to 14590 yuan / ton, that is, the high level softened, out of a long black line, around the 14540 yuan / ton line up and down in the afternoon, touching a high of 14560 yuan / ton, the low stopped at 14520 yuan / ton, the daily moving average is intricately entangled
    。 In the afternoon, the US dollar index rose, Shanghai aluminum from 14560 yuan / ton high fell to 14515 yuan / ton, continue to have limited downward space, relying on the 5-day moving average began to backtest, near the end of the short position closed a large number of exits, Shanghai aluminum recorded a high price of 14565 yuan / ton, and finally closed at 14560 yuan / ton, up 185 yuan / ton, up 1.
    29%.

    Shanghai aluminum

    In terms of the external market, Lun aluminum opened at 2073 US dollars / ton in the morning, the opening fell shock to test the low of 2057 US dollars / ton, Asian trading session twice touched 2057 US dollars / ton, although there was an upward test briefly touched 2067.
    5 US dollars / ton, but the upper pressure is large, in the context of the US dollar index in the rising channel, Lun aluminum is difficult to achieve an effective breakthrough
    .
    Entering the European trading session, the market picked up slightly, Lun aluminum along the 5-day moving average began to climb, touching a daily high of 2073.
    5 yuan / ton, but market traders lack confidence, briefly touched the high and then fell again, touching down 2059 US dollars / ton
    .
    As of 17:50, Lun aluminum closed at $2060/ton
    .

    In the spot market, aluminum will run
    in shock before noon of the month.
    Shanghai transaction concentration is 14460~14470 yuan / ton, the discount for the month is 40~30 yuan / ton, Wuxi transaction concentration is 14460~14470 yuan / ton, Hangzhou transaction concentration is 14470~14480 yuan / ton
    .
    Holders continue to ship goods at high prices, and intermediaries are more willing to receive goods, because of the need to pay long orders, bullish and possible tax reduction considerations, downstream enterprises are not strong in receiving goods, and the overall transaction is showing the stalemate
    at both ends of supply and demand.

    Overall, the overall performance of the daily trading fluctuated and stabilized, the amplitude was limited, under the influence of the positive factors of the RRR reduction and tax rebate policy, it closed at the white line, and it is expected to continue to test the 60-day moving average, and continue to pay attention to the development of the US dollar index and related macro events
    .

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