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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum will rise in the short term, and the idea of light positions and long is the mainstay

    Shanghai aluminum will rise in the short term, and the idea of light positions and long is the mainstay

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    On Friday, Shanghai aluminum opened at 13840 yuan / ton in the morning, after the opening aluminum price around the 20-day line oscillation, in the afternoon Shanghai copper suddenly increased the amount of positions straight up, driven by this Shanghai aluminum flat more into follow the upward trend of Shanghai copper, the end of the session concentrated volume touched 13950 yuan / ton, closed at 13935 yuan / ton
    .
    Shanghai aluminum index for 6 consecutive trading days of position decreased by a total of 136,000 hands to 485,000 lots, the favor of funds is getting lower and lower, it is expected that next week Shanghai aluminum will continue to struggle between the moving average, the mainstream operating range of 13750 ~ 13950 yuan / ton
    .

    Shanghai aluminum

    In terms of external trading, Lun aluminum opened at 1871 US dollars / ton in the morning, and Lun aluminum basically sorted out around the weak daily moving average during the Asian session, driven by the surrounding metals at the end of the afternoon, Lun aluminum rose sharply, entering the European trading session Lun aluminum continued to test the high to touch 1880 US dollars / ton, and then fell back to the 5-day moving average below the narrow range of shock, as of 16:40, Lun aluminum reported 1877 US dollars / ton, the evening data is light, it is expected that Lun aluminum will continue to have limited upward momentum, or a certain degree of correction
    .

    In terms of the market, aluminum futures fluctuated downward before noon that month, and then suddenly reversed and then fell
    again.
    Shanghai transaction concentration is 13630-13650 yuan / ton, the discount for the month is 130-100 yuan / ton, Wuxi transaction concentration is 13630-13650 yuan / ton, Hangzhou transaction concentration is 13640-13660 yuan / ton
    .
    Holders of stable shipments, a small amount of high transaction of 13650 yuan / ton when the aluminum pumping is high, the middleman believes that the downside space is limited, try to enter, month-end invoice factors, weekend stock demand, coupled with the spot price fell below 13700 yuan / ton, downstream enterprises are willing to receive goods, the overall transaction is better than yesterday
    .
    In the late afternoon, aluminum advanced by leaps and bounds that month, and the holder quoted a discount of 170 yuan / ton in August, and a small transaction of 13660 yuan / ton
    .

    Shanghai aluminum main force 1708 contract continued to fluctuate at 14000 line during the day, the tail market closed at 13935, the price consolidated at 14000 line, momentum point of view, short-term to rise, light position long idea mainly
    .

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