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    Home > Chemicals Industry > New Chemical Materials > The center of gravity of aluminum rose from the previous day and continued to pay attention to the external guidance

    The center of gravity of aluminum rose from the previous day and continued to pay attention to the external guidance

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of Shanghai aluminum 1810 opened at 14735 yuan / ton in the morning, opening slightly higher than 14770 yuan / ton, before 14:00 in the Asian market, Shanghai aluminum basically around 14775 yuan / ton line relying on the daily average up and down narrow oscillation, the range does not exceed 60 yuan / ton
    .
    After two o'clock in the afternoon, affected by the fermentation of the news of the delay in the shipment of foreign alumina, the bulls poured in in large numbers within 20 minutes at the end of the day, and increased their positions by more than 10,000 hands in a short period of time, and Shanghai aluminum finally raised 15,000 yuan / ton to close at 14,970 yuan / ton
    .
    The main force rose 175 yuan / ton, an increase of 1.
    18%, and the center of gravity rose
    from yesterday.

    Period aluminum

    In terms of external trading, Lun aluminum opened at 2084 US dollars / ton, the Asian market twice rushed higher in the afternoon, tested 2099.
    5 US dollars / ton, in the afternoon, Lun aluminum prices have retraced, in the 2090 US dollars / ton line of narrow range, touched 2088 US dollars / ton after recording a slight rise.

    Subsequently, there was news that the delivery of 200,000 tons of alumina abroad was delayed and a Western Australian alumina plant was overhauled and reduced, and Lun aluminum rose sharply, climbing 2115 yuan / ton
    all the way.
    After entering the European trading session, the high level of Lun Aluminum has retraced, but as the news is digested by the market, the market trading atmosphere is ignited, and Lun Aluminum has taken a big stride to directly pull up, rushing to 2135 US dollars / ton and then fluctuating up and down at 2127 US dollars / ton
    .

    In terms of news, the shipment of two alumina in Western Australia was delayed, and South32's Worsley alumina plant in Western Australia was reduced due to maintenance, which became the driving factor for the take-off of aluminum prices under the premise of tight supply and demand of alumina abroad, while the US dollar index updated a new low of 94.
    623 within the day, which became another factor to boost Lun aluminum, and Lun aluminum recorded a sharp rise
    .

    In terms of the market, aluminum fell before noon of the month
    .
    Shanghai transaction concentration is 14640~14650 yuan / ton, the discount for the month is 60~50 yuan / ton, Wuxi transaction concentration is 14640~14660 yuan / ton, Hangzhou transaction concentration is 14630~14650 yuan / ton
    .
    Cargo holders ship stably, some middlemen increase their receiving efforts, and downstream enterprises only purchase according to just demand, and the overall transaction remains stable
    .

    Market News:

    1.
    The shipment of alumina at the two alumina plants Alcoa and Worsley in Western Australia has been delayed
    .
    Among them, the Alcoa plant and the union did not negotiate, and this week the union voted to decide whether to end the strike
    next week.

    2.
    Chalco International released its results for the first half of 2018, and the company achieved operating income of 14.
    108 billion yuan (the same below), down 5.
    7% year-on-year; net profit attributable to the parent company was 250 million yuan, a year-on-year increase of 16.
    2%; Basic earnings per share were 0.
    09 yuan
    .

    Recently, foreign alumina is in short supply, the transaction price has climbed to 610 US dollars / ton or even higher, the afternoon delivery delay and production reduction news as a contributing factor to the rise in aluminum prices, the external market rose sharply, guiding Shanghai aluminum to the 10,000 mark, although it touched the 10,000 mark and fell back, but the support effect of short-term costs made the center of gravity rise to establish, and the 10,500 round number became a new short-term target
    .
    Continue to pay attention to external guidance and the actions
    of long and short.

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