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    Home > Chemicals Industry > New Chemical Materials > At present, the market lacks guidance and Shanghai aluminum fell slightly

    At present, the market lacks guidance and Shanghai aluminum fell slightly

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of Shanghai aluminum completed the month change, the main 1810 contract opened at 14435 yuan / ton in the morning, the bulls gradually entered the market at the beginning of the session, in the morning Shanghai aluminum narrow range finishing at 14450-14470 yuan / ton, the second trading session, Shanghai aluminum jumped up the daily moving average, touched 14500 yuan / ton, in the afternoon, further rushed up to 14520 yuan / ton, subject to the 5-day moving average late price correction, and at 14480 yuan / ton first-line finishing price, and finally closed at 14495 yuan
    。 The main 1810 contract of Shanghai aluminum fell 5 yuan / ton, or 0.
    to the close.

    Shanghai aluminum

    In terms of the external market, Lun aluminum opened at 2040 US dollars / ton, and the Asian market basically revolved around the 2042 US dollars / ton line before noon, relying on the 5-day moving average to do narrow range shock finishing, twice slightly touched 2044 US dollars / ton
    In the afternoon, the high was withdrawn from many heads, and at the end of the Asian trading session, the dollar rebounded from its low, and London aluminum fell back to $2034 / ton
    Entering the European trading session, Lun aluminum touched a low rebound, bulls gradually entered the market directly pulled the price to a high of 2054 US dollars / ton, as of 17:55, Lun aluminum reported 2053 US dollars / ton, closed at the small white line, up 21 US dollars / ton, up 1.

    In the spot market, aluminum futures rose slightly before noon of the month
    Shanghai transaction concentration is 14300~14310 yuan / ton, the discount for the month is 50~30 yuan / ton, Wuxi transaction concentration is 14300~14310 yuan / ton, Hangzhou transaction concentration is 14300~14320 yuan / ton
    The spot discount continued to narrow, the operating space of traders was compressed, and downstream enterprises remained cold and on-demand procurement, and the overall transaction was slightly worse
    than the previous day.
    In the afternoon, East China traded 14300~14320 yuan / ton

    Market News:

    Oriental Hope Jinzhong Aluminum Co.
    , Ltd.
    is the main company of "Jinzhong (Lingshi) Aluminum Industrial Circular Economy Park" invested and constructed by Oriental Hope Group in Xiaoyao Village, Nanguan Town, Lingshi County, Shanxi Province, in line with the concept
    of "circular economy, energy conservation and emission reduction, and building a circular economy industrial chain".

    At the opening ceremony of Suzhou Recycled Metals Design and Research Institute, recycled non-ferrous metal experts and scholars made reports
    on the current situation and development trend of China's recycled non-ferrous metal technology, professional design institutions to help industrial transformation and upgrading, the current situation of scrap aluminum recycling industry and the development of recycling technology, and the optimization of recycled aluminum smelting equipment.

    The United States imposed the toughest sanctions on Iraq in history, and the escalating global trade conflict boosted the market's risk aversion, and Shanghai aluminum fell slightly during the day.


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