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    Home > Chemicals Industry > New Chemical Materials > The high level of aluminum is difficult to support and lacks continuous driving force

    The high level of aluminum is difficult to support and lacks continuous driving force

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai aluminum 1901 contract opened at 13950 yuan / ton in the morning, and the beginning of the session was more into the short flat, Shanghai aluminum briefly tested 14020 yuan / ton, but the pressure at the Wansi threshold still exists, the lack of continuous driving force below the Shanghai aluminum, the high is difficult to support and began to slide slowly all the way, in the afternoon to test the low daily low of 13940 yuan / ton, the end of the day slightly struggled, but stopped at 13975 yuan / ton, and finally closed at 13945 yuan / ton, up 65 yuan / ton, up 0.
    47%, closing at the small white line
    .

    Period aluminum

    In terms of external trading, Lun aluminum opened at 1985 US dollars / ton in the morning, and the Asian high was 1993 US dollars / ton at the beginning of the session, and the Asian trading session basically fluctuated in a narrow range around 1988 US dollars / ton, and the vibration range did not exceed 10 US dollars / ton
    .
    After entering the European trading session, Lun aluminum continued the narrow range of the previous wave dynamics, during the short touch of 1989.
    5 US dollars / ton, as of 18:20, Lun aluminum long-term hovering and turned to show a downward trend, closed at 1983.
    5 US dollars / ton, closed at the small black line, down 3 US dollars / ton, down 0.
    15%, temporarily although above the 5/10 daily moving average, but it is difficult to continue to test
    .

    In terms of the market, the range of aluminum after climbing higher in the month was dominant
    .
    Shanghai transaction concentration 13890 ~ 13900 yuan / ton, for the month discount 40 ~ 30 yuan / ton, Wuxi transaction concentration 13890 ~ 13900 yuan / ton, Hangzhou transaction concentration 13900 ~ 13910 yuan / ton
    .
    Traders in the market are still active in shipments, middlemen's willingness to receive goods has been greatly improved, some large households have obvious receiving behavior, the mainstream transaction price in the market has increased compared with yesterday, the downstream receiving is flat, and the overall transaction is acceptable
    .
    In the late afternoon, aluminum maintained a narrow range of fluctuations, the mainstream trading price of the market was concentrated in 13890~13900 yuan / ton, and the discount for the month was around 40~30 yuan / ton, and some traders were slightly reluctant to sell the price, and the overall transaction was almost nothing
    .

    Intraday Lun aluminum trend tangled and hovering, Brazil maintained the ban on Hydro, but due to repeated results, the impact on overseas aluminum prices has been much worse than before, Lun aluminum maintained range volatility, is expected to continue to seek support below, pay attention to the US dollar index, the United States last week's quarterly adjustment of jobless claims and Canadian October housing starts and other macro data
    .
    As the overseas Brazilian government announced the maintenance of the Hydro ban, the news was transmitted to the country, Shanghai aluminum slightly boosted the performance to pick up, although briefly touched the 10,000 mark, but the upward trend is slightly weak, is expected to continue to test the 10-day moving average, pay attention to the changes in surrounding metals and the impact of related production reduction news on the market
    .

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