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    Home > Chemicals Industry > New Chemical Materials > The long and short divergence is large, and the trend of aluminum prices is more repeated

    The long and short divergence is large, and the trend of aluminum prices is more repeated

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    On Wednesday, Shanghai aluminum opened at 14240 yuan / ton in the morning, intraday Shanghai aluminum trend is more repeated, the beginning of the session more into the short flat push up Shanghai aluminum slightly higher to touch 14365 yuan / ton, high part of the short-term profit market and a large number of early entry bulls rush to leave the market, aluminum prices fell in response, the low touched 14160 yuan / ton, low short liquidation, Shanghai aluminum rebounded again to touch 14315 yuan / ton, but the daily moving average showed strong pressure, Shanghai aluminum failed to form an effective breakthrough, the end of the early entry long concentrated exit, Aluminum prices closed at 14255 yuan / ton, and the 10-day moving average began to show support
    .

    Aluminum prices

    In terms of the external market, in the morning, Lun aluminum opened at 1896 US dollars / ton, the beginning of the day Lun aluminum rose rapidly, touched 1914 US dollars / ton, 5/40 daily moving average resistance began to show, then Lun aluminum high down, narrow range below the daily average 1906 US dollars / ton line, into the European trading session, Lun aluminum successfully broke through the daily average resistance, recovered the 5-day moving average, it is expected that short-term Lun aluminum will continue to try to repair the overnight decline, pay attention to the 40-day line resistance, aluminum price trend or return to the external strength and internal weakness, pay attention to the opening of the positive set of windows

    In terms of spot, aluminum futures continued to fall to 14090 yuan / ton after a slight rise in the month, Shanghai trading concentrated 14000-14070 yuan / ton, the discount for the month was 160-120 yuan / ton, Wuxi transaction concentration was 14000-14060 yuan / ton, Hangzhou transaction concentration was 14060-14080 yuan / ton
    。 In the first stage, the aluminum rose slightly and then fluctuated above 14200, the holders shipped positively, the transaction was concentrated at 14050-14070 yuan / ton, and then the aluminum fell sharply, the attitude of the holders was divergent, and those who were confident in resisting the decline could not stand up, pessimistic and value-preserving people switched to the current month's discount of 140-120 yuan / ton with the quotation, and the transaction price was around Wansi
    .
    The willingness of middlemen to receive goods first rose and then suppressed, and after the sharp fall of aluminum, middlemen waited and waited, waiting for the trend to become clearer, downstream enterprises were more cautious, and the overall transaction showed a wait-and-see waiting pattern
    .
    In the late afternoon, aluminum rose to around 14190 yuan / ton in the month, and the holders raised their quotations in the afternoon, and a small number of transactions were concentrated at 14040-14050 yuan / ton, and the market had quotations higher than this price, but it was difficult to see the transaction
    .

    At present, the long and short divergence is large, but they all maintain a more cautious short-term operation, under the drag of the downward trend of surrounding metals, Shanghai aluminum recorded a longer black line of the lower shadow, but it is worth noting that Shanghai aluminum has entered a new platform compared with last month, and it is expected that the short term or will initially test the support of the 10,400 mark, pay attention to the trend of
    surrounding varieties.

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