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    Home > Chemicals Industry > New Chemical Materials > The performance of aluminum is flat, and it is difficult to have large fluctuations in the near future

    The performance of aluminum is flat, and it is difficult to have large fluctuations in the near future

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai aluminum main 1906 contract opened at 13975 yuan / ton, after the opening of the short position, aluminum price respite rose to the highest level of the day 14035 yuan / ton, and then the center of gravity fell back to 14020 yuan / ton in the afternoon near the narrow range; In the afternoon opening period aluminum slightly higher after some bulls left the market with insufficient confidence, the plate was difficult to find support began to shock downward, giving up part of the morning gains, and finally closed at 14010 yuan / ton, up 85 yuan / ton, up 0.
    61%.

    Period aluminum

    In terms of external trading, Lun aluminum opened at 1805 US dollars / ton in the morning, the Asian market morning session at 1800 US dollars / ton a line of narrow range oscillation operation, Asian afternoon session to the beginning of the European re-session, Lun aluminum center of gravity gradually moved down, touched the lowest level of the day 1792 US dollars / ton, after the European market long position, the market took advantage of the trend to bottom out, back to the daily moving average, and then touch 1805 US dollars / ton
    .
    As of 18:30, it was reported at $1801/ton, down $4/ton, or 0.
    22%.

    In terms of the market, the aluminum period was mainly range-bound before the afternoon of the month
    .
    Shanghai spot trading price is between 14040~14060 yuan / ton, down about 10 yuan / ton from the previous day's transaction price, the monthly premium is 10~20 yuan / ton, Wuxi transaction price is between 14040~14060 yuan / ton, Hangzhou transaction price is between
    14060~14080 yuan / ton.
    The market has sufficient circulation and active trading among traders, but the downstream transaction situation has not significantly improved compared with the previous day, and the performance is flat
    .
    The overall transaction in East China within the day is average
    .
    In the afternoon, the range remained narrow, and a small number of transactions between traders were concentrated around 14050 yuan / ton, and the premium for the month was 10~20 yuan / ton, and the downstream performance was light
    .

    At present, the domestic alumina price has stopped falling and stabilized, the average price is about 2780 yuan / ton, the reserve anode has fallen slightly, and the cost side has been supported
    at a lower position.
    The market circulation is sufficient, and traders are actively trading, but the downstream transaction situation has not improved significantly compared with the previous day, and the performance is flat, and it is difficult for aluminum prices to fluctuate
    greatly in the near future.

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