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    Home > Chemicals Industry > New Chemical Materials > The market transaction is light and the price of aluminum fell slightly

    The market transaction is light and the price of aluminum fell slightly

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    On Tuesday, the main contract of Shanghai aluminum 1905 opened at 13615 yuan / ton
    in the morning.
    After the opening, Shanghai aluminum fluctuated slightly, touching 13610 yuan / ton
    at a low level.
    Subsequently, a small number of bulls increased their positions, and Shanghai aluminum tried to repair part of the decline, and the shock upward high touched 13660 yuan / ton
    .
    In the afternoon, the bulls left the market and the aluminum price fell slightly, closing at 13615 yuan / ton
    .

    Aluminum prices

    In terms of external disk, Lun aluminum opened at 1886.
    5 US dollars / ton
    in the morning.
    During the Asian session, the upward high of London aluminum shock touched 1892.
    5 US dollars / ton before noon, piercing the upper 40 moving average
    .
    In the afternoon, Lun aluminum fell slightly, and as of 15:00, Lun aluminum was reported at 1888 US dollars / ton
    .
    During the European session, the release of German and French data made the dollar rise again, Lun aluminum fell, the low touched 1880.
    5 US dollars / ton, as of 17:52, Lun aluminum reported 1881 US dollars / ton
    .

    In terms of the market, the first trading stage of aluminum futures rose slowly before noon of the month, and the second trading stage was dominated
    by range volatility.
    The transaction price in Shanghai is between 13940~13950 yuan / ton, and the premium of the month is around 320~340 yuan / ton, the transaction price is slightly lower than yesterday, the transaction price in Wuxi is between 13940~13950 yuan / ton, and the transaction price in Hangzhou is between
    13970~13980 yuan / ton.
    The intraday market is full of supply, traders mainly ship, but the number of receivers is significantly reduced
    compared with the previous period.
    In addition, the market will increase significantly next month, and the quotation will be between 13680~13720 yuan / ton, but there are few actual transactions
    .
    The downstream performance of on-demand procurement during the day is more general
    .
    The overall transaction in East China is average
    .
    In the late afternoon, aluminum maintained range volatility, sinking at the end of the day, the market transaction price was between 13910 ~ 13930 yuan / ton, the opposite plate premium 300 ~ 320 yuan / ton, the afternoon market is light, only a small number of transactions between traders, almost no
    downstream.

    Affected by the continuous decline in the prices of raw materials such as upstream alumina, anodes, and auxiliary materials, coupled with the recent rising center of gravity of aluminum prices, the average loss of electrolytic aluminum turned into a small profit, making the future aluminum pullback space
    .
    Shanghai aluminum is expected to oscillate
    around the 20-day moving average.

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