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    Home > Chemicals Industry > New Chemical Materials > The downside of aluminum is not large, and it is expected that the short-term shock will be strong

    The downside of aluminum is not large, and it is expected that the short-term shock will be strong

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of Shanghai aluminum opened at 14145 yuan / ton in the morning, opening long positions increased by 1960 lots, and the market quickly rushed up to 14195 yuan / ton is a high throughout the day, but the bulls obviously lack stamina, rushed high and left the market one after another, resulting in the morning trading session basically giving up all the gains at the open, until there were signs of stopping the decline at the end of the session, closing at 14155 yuan / ton in the morning; The afternoon trading session showed a narrow range, mainly short hands change, a batch of short and concentrated exit at the end of the session, the whole day closed at 14140 yuan / ton, down 45 yuan / ton from the previous day, down 0.
    32%.

    Period aluminum

    In terms of the external market, Lun aluminum opened at 1873 US dollars / ton in the morning, the Asian trading session range was volatile, slightly weakened, the lowest to 1870 US dollars / ton, the US dollar index rose for two consecutive days, overnight hit a 6-week high, once touched 97.
    46, today the dollar continued to be strong, Lun aluminum is under pressure
    from the dollar.
    During the European trading session, the US dollar fell slightly from the high, and Lun Aluminum showed signs of shock recovery, the highest to 1877.
    5 US dollars / ton, as of 16:32 Beijing time, the market price was 1876 US dollars / ton, flat
    from the previous day.

    In terms of the market, the first trading range of aluminum fluctuated, the Shanghai trading price was between 14150 ~ 14160 yuan / ton, near the flat water of the opposite plate, with the rapid return of aluminum in the second trading range, the market spot trading price began to concentrate at 14120 ~ 14140 yuan / ton, the opposite surface discount 20 yuan / ton to near Pingshui, down nearly 40 yuan / ton from the previous day, Wuxi transaction price between 14120 ~ 14140 yuan / ton, Hangzhou transaction price between 14150-14170 yuan / ton
    。 The intraday market has sufficient supply, but the receiving price market of a large household is difficult to recognize and the receipt volume is not much, the holder itself actively ships, while the receiver is still less than the shipper, and the actual trading activity of the two parties is not high
    .
    Spot prices fell, and the downstream did not show obvious willingness to stock up, and there was still a wait-and-see mood, mainly based on just-needed
    purchases.

    Shanghai aluminum main force 1906 high stage correction, but the downside space is not large, it is expected to be mainly strong in the short term, running between 14100~14200
    .

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