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    Home > Chemicals Industry > New Chemical Materials > The high performance of aluminum is still dominated by strong shocks

    The high performance of aluminum is still dominated by strong shocks

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    On Tuesday, the main 2008 contract of Shanghai aluminum opened at 14175 yuan / ton in the morning, and the opening was mainly long to reduce positions, and the price of aluminum continued the downward trend
    at the end of the night session.
    At about 10:00 noon, although some bulls entered the market to try to stand up, about half an hour later, more than 300 bears entered the market to give a downward signal, and then the bulls left the market in a hurry for more than 1,000 lots, and the aluminum price fell all the way to the intraday low of 14,005 yuan / ton
    .
    At 14:00 in the afternoon, the short side partially took a profit and exited, and the aluminum price was slightly repaired, closing at a small black candle at the end of the session, and the closing price recorded 14055 yuan / ton
    .

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1634.
    5 US dollars / ton
    in the morning.
    During the Asian session, after giving up some of the evening gains at the open, it fluctuated around the price of $1631 / ton, with a shock of about $3 / ton, and at 15:00 Lun aluminum recorded an intraday low of 1628.
    5 yuan / ton
    .
    During the European session, Lun aluminum continued its volatile trend, and as of 16:39, Lun aluminum was reported at 1629.
    5 US dollars / ton
    .
    The daily K-line temporarily closed a small black candle, down $4.
    5 / ton, or 0.
    28%, from the opening of the day, and the position fell by 3,977 lots to 816,000 lots, mainly
    long positions.

    Aluminum fell back before noon
    .
    The spot price in Shanghai is between 14400-14420 yuan / ton, and the price in Wuxi is between 14430-14440 yuan / ton, which is basically the same as the previous day's price, and the premium is concentrated between 20-40 yuan / ton, and the spot in Wuxi is tighter than Shanghai, and the price is also 20 yuan / ton
    higher than that in Shanghai 。 A large household received goods normally within the day, but the actual transaction was still dominated by Shanghai sources, the holders actively shipped, but the price was relatively strong, the willingness to adjust the price was not high, the enthusiasm of the middleman to receive the goods was general, the transaction between the two sides was slightly deadlocked, and some traders gave feedback, because the downstream processing plant preferred brands to buy goods is more out of stock, in the context of the recent high aluminum prices, the downstream recent willingness to buy goods is not obvious, and there are not many
    goods received within the day.
    The overall intraday transaction in East China was poor
    .
    In the late afternoon, aluminum first suppressed and then rose, and the price of the holder was between 14350-14370 yuan / ton, and the market was light and almost no transaction
    was made near the flat water of the plate.

    On the whole, the performance of Shanghai aluminum during the day is high, but the warehouse receipt is still at a low level, giving strong support to the futures near-month price, and it is expected that the evening will still be dominated by strong shocks, and it is necessary to continue to pay attention to the changes in the internal and external ratio and the changes
    in the near-month spread.

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