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    Home > Chemicals Industry > New Chemical Materials > There are still uncertain variables in the short-term aluminum price market

    There are still uncertain variables in the short-term aluminum price market

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    On Friday, the main contract of Shanghai aluminum opened at 15005 yuan / ton in the morning, after the opening aluminum price continued to be weak, profit closing position as the main force, the low touched 14870 yuan / ton, closed at 14955 yuan / ton, Shanghai aluminum index position decreased by 22104 hands to 823908 lots, long liquidation, Shanghai aluminum main contract after making up for Thursday's jump gap, hovering near the 5-day moving average, there is a small gap below the 14650 yuan line, Ruolun aluminum rising momentum weakened, the bears or will wait for the opportunity to short sell , the next support level is at the 10-day moving average, and it is expected to run at 14550~15150 yuan / ton next week, paying attention to the cooperation
    of the warehouse.

    Aluminum prices

    In terms of external trading, Lun aluminum opened at 2476.
    5 US dollars / ton in the morning, before the Asian market afternoon Lun aluminum continued the previous day's decline, back to 2415 US dollars / ton line, the afternoon returned to the upward rhythm, and continued to the European trading session, the high touched 2531 US dollars / ton line, then the base metal has a slight down, Lun aluminum fell back to the daily average of 2480 US dollars / ton a line of shock, as of 18:00, Lun aluminum reported 2487.
    5 US dollars / ton, the current aluminum market uncertainty is too strong, In the short term, under the concentrated exit of profit orders, aluminum prices are under pressure and pullback
    .

    In terms of the market, the Shanghai transaction concentration was 14880~14910 yuan / ton before the afternoon, the discount for the month was 50~10 yuan / ton, the Wuxi transaction concentration was 14880~14910 yuan / ton, and the Hangzhou transaction concentration was 14880~14900 yuan / ton
    .
    Next month is approaching, the holder of the price of sales is resolute, when the aluminum is down, the quotation does not follow the downward, the middleman is willing to receive the goods positively, some companies said that the receipt of goods can not be borrowed, downstream enterprises purchase on weekends, the overall transaction is warmer
    than the previous day.
    In the late afternoon, aluminum fluctuated at a low level, and East China traded 14790~14860 yuan / ton
    .

    Because of the Lun aluminum pullback driven by Shanghai aluminum "black Friday", the main 1806 contract opened high and low, intraday fell below the 15000 mark support, the lowest down to 14870, the end of the close down 2.
    16% to 14955, down 330 from the previous transaction, technically, Shanghai aluminum due to the lack of substantial demand support, Lun aluminum decline or caused Shanghai aluminum plunge, short-term aluminum price market still has unclear variables, Russian aluminum speculation enthusiasm decreased, aluminum price or pullback correction, wait and see for the time
    being.

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