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    Home > Chemicals Industry > New Chemical Materials > The bulls chased after the victory and maintained a high level of shock

    The bulls chased after the victory and maintained a high level of shock

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Wednesday, the main contract of Shanghai aluminum 2002 opened at 14045 yuan / ton
    .
    After the opening, the bears closed their positions and fled, and Shanghai aluminum only rose quickly after touching 14,040 yuan / ton at a low level, and under the strong spot performance, the bulls chased after the victory
    .
    In the afternoon, Shanghai aluminum continued to rise, touching 14130 yuan / ton
    at a high level.
    The high was hit by bears, and the Shanghai aluminum shock fell back at the end of the day, closing at 14100 yuan / ton
    .

    Period aluminum

    In terms of external trading, Lun aluminum opened at 1766.
    5 US dollars / ton
    in the morning.
    During the Asian session, Lun aluminum only touched 1766 US dollars / ton at the opening shock low and gradually strengthened, gradually breaking through the 5-day moving average and touching 1774.
    5 US dollars / ton in the afternoon, and as of 15:00 Lun aluminum reported 1773 US dollars / ton
    .
    During the European session, Lun aluminum maintained high volatility, as of 18:24 Lun aluminum was reported at 1771.
    5 US dollars / ton
    .
    At present, on the technical side, the center of gravity of each moving average under Lun aluminum has gradually increased, and the price of Lun aluminum at the bottom has gradually risen
    .
    However, the continuous increase in LME aluminum inventories and the pressure on the upper side of Lun Aluminum make it difficult for Lun Aluminum to rise substantially, and the operating range is gradually narrowing
    .

    In terms of the market, aluminum futures maintained high volatility before noon of the month
    .
    Shanghai Wuxi market spot quotation in the afternoon between 14370-14390 yuan / ton, up 240 yuan / ton from the previous day, the opposite plate premium 150-160 yuan / ton, Hangzhou spot price between 14370-14390 yuan / ton
    .
    The tight supply of goods in the market has not changed, the shipment volume of holders has increased under high prices, the middlemen are still actively receiving goods, there are more buyers than sellers, the trading between the two sides is acceptable, and the plan of receiving goods by a large household has not been completed
    .
    Downstream on-demand procurement is the mainstay, due to excessive price increases, the enthusiasm for receiving goods is not high
    .
    Aluminum continued to hover in the late afternoon, the rise and fall was not large, the shipment quotation of the holder was between 14370-14380 yuan / ton, the premium of the plate was 140-150 yuan / ton, only a small number of transactions between traders, almost nothing
    downstream.

    The resumption of production is less than expected and the recent heavy snowfall in the north has led to strong spot stocks, coupled with the technical moving average arrangement gradually moving towards the long arrangement, the bulls have sufficient confidence and continue to raise aluminum prices
    .
    It is expected that Shanghai aluminum will remain high and volatile, and tomorrow's inventory is likely to continue to decline, and Shanghai aluminum will remain strong
    .
    At the same time, it is also necessary to beware of technical pullbacks
    in short-term long profit closing.

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