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    Home > Chemicals Industry > New Chemical Materials > The fundamental state has not significantly improved Shanghai aluminum continues to maintain weak shocks

    The fundamental state has not significantly improved Shanghai aluminum continues to maintain weak shocks

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Friday, the Shanghai aluminum main 1901 contract opened at 13560 yuan / ton in the morning, and the morning opening part of the long position and short increased position, aluminum price briefly moved down to 13510 yuan / ton, because there is still some support below, and then Shanghai aluminum began to climb along the 5-day moving average gradually, back to the daily moving average above the run, all the way up to touch the highest point of the day 13645 yuan / ton, closed at 13630 yuan / ton, down 35 yuan / ton, down 0.
    26%.

    Shanghai aluminum

    In terms of external trading, Lun aluminum jumped high at 1943 US dollars / ton in the morning, because the overnight US index high fell below 97, Lun aluminum briefly tested 1949 US dollars / ton at the beginning of the session, the Asian trading session is in a slow upward posture, the Asian market late test high 1956 US dollars / ton
    。 After entering the European trading session, the amplitude of Lun aluminum expanded, two downward tests were entrusted at 1949 US dollars / ton, the upward record was a high of 1959 US dollars / ton, the high and low price difference was around 10 US dollars / ton, as of 17:45, Lun aluminum closed at 1957 US dollars / ton, closed at the small white line, located below the 5-day moving average, because the fundamentals of overseas aluminum ingot supply and demand are still weak, and the US index performance recovery trend, it is expected that Lun aluminum maintain weak range fluctuations, continue to pay attention to the changes in the US dollar index, Pay attention to the impact of
    international hot news such as Huawei events on the macro trading atmosphere.

    In terms of the market, aluminum was first suppressed and then rose that month, but the increase was not large, and basically maintained range-bound
    volatility.
    The transaction price in Shanghai is concentrated at 13480~13500 yuan / ton, the discount for the month is 20 yuan / ton ~ flat water, the transaction price in Wuxi is concentrated in 13480~13500 yuan / ton, the transaction price in Hangzhou is concentrated between 13520~13530 yuan / ton, and the mainstream transaction price within the day is nearly 70 yuan / ton
    lower than the previous day.
    Near the weekend, the superimposed price fell for two consecutive days, the downstream is more recognized by the price, for the weekend stocking consideration, the receipt of goods has increased significantly compared with the previous two days, the intermediary trading is active, some large households receive goods higher than market expectations, the holders sell goods to them actively, but the downstream volume is relatively small
    .

    During the day, the colored market was red and green, and the low trend of Shanghai aluminum rebounded slightly, but it did not recover all the previous day's decline, and the fundamental state has not changed significantly, and it is expected to continue to maintain weak volatility, paying attention to the change of the allocation of long and short positions and the change of
    market trading atmosphere.

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