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    Home > Chemicals Industry > New Chemical Materials > The price of aluminum rose rapidly, and the actual trading performance of the market was still deadlocked

    The price of aluminum rose rapidly, and the actual trading performance of the market was still deadlocked

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    On Thursday, the main contract of Shanghai aluminum 1909 opened at 13820 yuan / ton
    in the morning.
    After the opening, Shanghai aluminum slightly fluctuated low to touch 13815 yuan / ton, and then the bears continued to close their positions and leave the market, Shanghai aluminum prices rose rapidly, successively breaking through various restrictions, touching 13890 yuan / ton at a high in the afternoon, and closing at 13885 yuan / ton
    at the end of the session.

    Period aluminum

    In terms of external trading, Lun aluminum opened at 1756 US dollars / ton
    in the morning.
    During the Asian session, Lun aluminum opened rapidly up, before the afternoon London aluminum continued to strengthen, trying to repair the weekly decline, breaking above the 5-day moving average and maintaining a narrow range above it, as of 15:00 Lun aluminum at 1770 US dollars / ton
    .
    During the European session, as the US index fluctuated lower, Lun Aluminum tried to continue to repair the weekly decline, touching a high of $1774.
    5 / ton, and as of 17:41, Lun aluminum was reported at $1770 / ton
    .
    Under the pressure of the high US index, Lun aluminum has fallen back to the previous platform of 1750 US dollars / ton
    .
    At the same time, as the U.
    S.
    index continues to fall, the support below Lun Aluminum is relatively strong, and it is expected that Lun Aluminum will continue to try to break through upwards and repair the decline during the week
    .

    In the spot market, the performance of aluminum in the first trading stage of the month was volatile, and the second trading range went all the way up, and the rise was obvious
    .
    In the early stage, the spot trading price of aluminum ingots in Shanghai Wuxi and Wuxi was concentrated between 13870-13890 yuan / ton, and the price of the opposite plate was 20-30 yuan / ton, down 20 yuan / ton from the previous day, with the rise of the aluminum period, the market price began to be concentrated between 13890-13900 yuan / ton, the opposite plate premium 20-30 yuan / ton, the holder of a small quotation around 13910 yuan / ton, the market price in Hangzhou area between 13900-13920 yuan / ton
    .

    In the morning, the holders of goods shipped positively, but the quotation was firm, traders and middlemen trading is more active, but because a large market received less than the previous day, so the overall market transaction is slightly less than the previous day, with the rise of the futures aluminum, the quotation of the holder also rises, the middleman began to be optimistic about the future market, the receiver increased significantly, but at this time due to the high market price, the actual transaction performance was deadlocked, and the transaction activity fell
    .
    The downstream still did not show an active receiving state during the day, and on-demand procurement was mainly cold
    .
    In the late afternoon, aluminum maintained range fluctuations, the market transaction price was around 13900 yuan / ton, the opposite plate rose around 30 yuan / ton, only a small number of transactions between traders, almost no
    downstream.

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