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    Home > Chemicals Industry > New Chemical Materials > The trend of Shanghai aluminum is relatively stable, and it is mainly range-bound for the time being

    The trend of Shanghai aluminum is relatively stable, and it is mainly range-bound for the time being

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Friday, Shanghai aluminum main 1903 contract opened at 13355 yuan / ton, the beginning of the session to short position reduction, Shanghai aluminum along the 5-day moving average climbed 13425 yuan / ton intraday highest, because the fundamentals have not been significantly positive news stimulation, Shanghai aluminum continued to rise blocked began to perform high fall, the afternoon price all the way down, stopped falling at 13375 yuan / ton, closed at 13385 yuan / ton, down 35 yuan / ton, down 0.
    26%, closed at the small black line, the center of gravity sank
    from the previous day.

    Shanghai aluminum

    In terms of the external market, Lun aluminum jumped high at 1854 US dollars / ton in the morning, and the Asian trading session Lun aluminum shock climbed to the highest point of the day of 1865 US dollars / ton, continuing to rise performance lack of stamina, after entering the European trading session, the market trading atmosphere gradually rose, but just when Lun aluminum rushed back down, the fundamental weak posture is difficult to change, all the way down to the downward fall around 1853 US dollars / ton to stabilize, as of 18:15, Lun aluminum closed at 1854.
    5 US dollars / ton, recorded a red cross, Daily KDJ line seems to have an upward trend, MACD line began to turn from green to red, considering that the first four days of the weekend recorded three consecutive negative, the overall trend is not strong, in the overseas macro news has not yet appeared significant positive news stimulus, is expected to maintain range shock to test the upper and lower space, continue to pay attention to the dollar index and the United States December unseasonally adjusted consumer price index and other macro data
    .

    In terms of the market, aluminum futures fluctuated upward from the low level at the beginning of the month
    .
    The transaction price in Shanghai was traded between 13300~13310 yuan / ton, and the discount for the current month was around 20~10 yuan/ton
    .
    The transaction price in Wuxi is concentrated in 13300~13310 yuan / ton, and the transaction price in Hangzhou is concentrated between
    13320~13330 yuan / ton.
    The mainstream transaction price was basically unchanged
    from the previous trading day.
    A large household East China acquired nearly 6,000 tons, the quotation was in line with the market psychological price, the cargo holders shipped actively, and the intermediaries and traders were still active, but the downstream receiving was slightly inferior to the previous day, and the purchasing sentiment was not obvious
    .
    The overall transaction in East China was acceptable
    during the day.
    In the late afternoon, the aluminum shock went down, the market transaction price was concentrated at 13310 yuan / around, the month was posted 10 ~ liter 10 yuan / ton, and there were some transactions in the afternoon, and concentrated among traders
    .

    Intraday colored plate red and green, Shanghai aluminum trend is relatively stable, because the macro news has not yet obvious stimulating news, Shanghai aluminum trend is mainly range shock, is expected to continue to test the upper and lower space, maintain short volatility, continue to pay attention to changes in the market trading atmosphere and the impact of changes in long and short positions on aluminum prices
    .

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