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    Home > Chemicals Industry > New Chemical Materials > The market wait-and-see sentiment has strengthened, and aluminum has given up most of its gains

    The market wait-and-see sentiment has strengthened, and aluminum has given up most of its gains

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    On Friday, the Shanghai aluminum main 1810 contract jumped high this morning at 14640 yuan / ton, and basically around 14670 yuan / ton before the afternoon of the day, the range was only 20 yuan / ton
    .
    In the afternoon, the dollar suddenly jumped above 96, the outer metal fell comprehensively, Shanghai aluminum opened in the afternoon quickly followed the fall, tested the low price of 14595 yuan / ton, in 14600 yuan after the support of the low rose slightly, in the 14625 yuan / ton line to sort out the price until the end, closed at 14620 yuan / ton, down 135 yuan / ton, down 0.
    91%.

    Period aluminum

    In terms of external trading, Lun aluminum opened at 2072.
    5 US dollars / ton, opened long entry, the price ladder pulled up to 2098.
    5 US dollars / ton, and then after a short sorting price of 2092 US dollars / ton, the price of Lun aluminum gradually declined, as low as around
    2067 US dollars / ton.
    At the end of the Asian trading session, Lun aluminum rose slightly at 2072.
    5 US dollars / ton, but two waves of short entry directly tested the price to 2056 US dollars / ton, supported by the lower 2050 US dollars / ton, after entering the European trading session, Lun aluminum rebounded at a low level, rising all the way to a high of 2081.
    5 US dollars
    .
    As of 17:40, Lun aluminum closed at 2080.
    5 US dollars / ton
    .

    In the spot market, aluminum fell overnight in the month and fluctuated
    in a narrow range in the afternoon.
    Shanghai transaction concentration is 14480~14490 yuan / ton, the discount for the month is 40~30 yuan / ton, Wuxi transaction concentration is 14480~14490 yuan / ton, Hangzhou transaction concentration is 14490~14510 yuan / ton
    .
    Holders shipped steadily, aluminum prices fell, and on the weekend, downstream stocking, purchase volume increased, and the overall transaction picked up
    compared with the previous day.

    Shanghai aluminum closed at a long black candle, almost giving up most of the previous day's gains, but still above the 5/10 moving average
    .
    The impact of the strike at the Alcoa WA factory weakened, the jump in the dollar put pressure on all metals, although Shanghai aluminum has a pullback, but the 14,500 yuan / ton line has strong support, in the base metals is still a variety of resistance
    .
    In view of the strengthening of the market's wait-and-see sentiment, it is expected to maintain the volatile situation of 14650 yuan, waiting for guidance on external performance
    .

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