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    Home > Chemicals Industry > New Chemical Materials > The trend of the Shanghai aluminum plate is slightly glued, and it is still dominated by range fluctuations

    The trend of the Shanghai aluminum plate is slightly glued, and it is still dominated by range fluctuations

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Last Friday, the Shanghai aluminum main 2001 contract opened at 13855 yuan / ton in the morning, the first trading stage, the long position was continuously closed, the lowest probe was 13820 yuan / ton, entering the second trading stage, some bears took the opportunity to leave the market, the market stopped falling and rose slightly; In the afternoon, the trend of the Shanghai aluminum market under the long and short game was slightly glued, and the bears at the end of the session closed their positions intensively, and finally closed at 13855 yuan / ton, down 10 yuan / ton, down 0.
    07%.

    Shanghai aluminum

    In terms of external disk, Lun aluminum opened at 1744 US dollars / ton
    in the morning.
    In the Asian trading stage, the upward momentum of London aluminum after a slight surge was obviously insufficient, and it turned back down, and continued to decline at the beginning of the European session, LME inventory report increased by 9725 tons, Lun aluminum touched the lowest level of the day of 1736.
    5 US dollars / ton, as of 17:21 closed at 1743 US dollars / ton, down 0.
    03%.

    The daily K-line temporarily closes near the hammer black line, mainly short positions increase
    .

    Spot market, due to the period of aluminum before the afternoon of the month to maintain a narrow range of shock, Shanghai and Wuxi market spot quotation between 14020-14030 yuan / ton, the current month plate premium between 70-90 yuan / ton, because of the high spot price, the holder shipment is very positive, but the middleman tends to receive goods at a low price, more than less spot premium then falls, Hangzhou spot price transaction concentrated between
    14050-14070 yuan / ton.
    Trading between traders is more general, and downstream manufacturers stock up on Friday, but in view of the high price is difficult to recognize, the amount of goods received is not much
    .
    In the late afternoon, aluminum continued to maintain a slight fluctuation, and the holder's quotation was around 14,030 yuan / ton, and the premium on the plate was about 80 yuan / ton, and only a small number of transactions were made
    .

    During the week, the inventory of electrolytic aluminum aluminum rods continued to decline, and the demand side did not show obvious fatigue, but the price of alumina on the cost side continued to decline, and the support below Shanghai aluminum continued to weaken
    .
    It is expected to remain range-bound and will continue to pay attention to spot market liquidity and inter-contract structural changes
    next week.

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