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    Home > Chemicals Industry > New Chemical Materials > January 9 Shanghai aluminum brief comment

    January 9 Shanghai aluminum brief comment

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai aluminum main 1903 contract opened at 13400 yuan / ton in the morning, slightly down 13380 yuan / ton at the beginning of the session, the performance of the first trading stage soared and fell, and some bulls increased positions in the early stage, pushing the aluminum price to 13430 yuan / ton, and then fell slightly to stabilize at 13400 yuan / ton
    。 After entering the second trading stage, Shanghai aluminum once again tested the upside, slowly climbed 13445 yuan / ton after stabilizing at 13425 yuan / ton, superimposed on the afternoon news that the US House of Representatives asked to postpone the lifting of Rusal sanctions, so far the bears' confidence has greatly decreased, near the close of 20 minutes of the short position sharply reduced more than 4,000 lots, Shanghai aluminum briefly rose to 13475 yuan / ton, the daily close at 13475 yuan / ton, up 45 yuan / ton, up 0.
    34%.

    Shanghai aluminum

    The price of South China aluminum ingots in the day was 13330-13430 yuan, the average price was 13380 yuan, down 30 yuan, the premium of the month was 60 yuan, the market was pessimistic about the premium, traders continued to lower the price of shipments, demand was still weak, and the overall transaction was weak
    .
    The mainstream transaction price is concentrated between 13350-13380 yuan, which is a premium of -30~0 yuan
    compared with the average price of South China Reserve.

    The price of South China East China aluminum ingots was 13270-13310 yuan, with an average price of 13290 yuan, down 20
    .
    Yangtze River: 13260-13300, 13280 down 40
    .
    The receiver is actively receiving the goods, the holder is slightly reluctant to sell, and the downstream just needs to purchase, mainly for the transaction between traders, and the overall transaction is acceptable
    .
    The transaction price is 13270 yuan ~ 13300 yuan, which is a premium of -20~10 yuan
    compared with the average price of South Reserve East China.

    Due to the recent news, it is expected that the high volatility will continue to seek support, and continue to pay attention to macro events
    such as the release of news related to Sino-US trade negotiations and whether the attitude of the US House of Representatives to the lifting of Rusal sanctions has changed.

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