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    Home > Chemicals Industry > New Chemical Materials > Macro news is long and short intertwined, and the trend of Shanghai aluminum is more tangled

    Macro news is long and short intertwined, and the trend of Shanghai aluminum is more tangled

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai aluminum 1903 contract opened at 13450 yuan / ton in the morning, and the opening met with a large increase in short positions, increasing positions by nearly 1800 hands in ten minutes, Shanghai aluminum successively walked through two large black lines, stabilized at 13405 yuan / ton line, the low touched 13395 yuan / ton, because the 5/10 daily moving average still has some support, Shanghai aluminum then began to rise to test the upper space, blocked at the 60-day moving average stopped at 13435 yuan / ton, the end of the session around 13430 yuan / ton a line oscillation, the low touched 13405 yuan / ton , the day ended at 13405 yuan / ton, down 5 yuan / ton, down 0.
    04%.

    Shanghai aluminum

    In terms of the external market, Lun aluminum opened at 1853.
    5 US dollars / ton in the morning, the overall performance of the Asian trading session slowly rose upward, the high of the European market touched 1859.
    5 US dollars / ton, the overall high and low price difference in the early stage did not exceed 6 US dollars / ton, the market trading atmosphere in the European trading session gradually rose, but due to the news of the resumption of production of the Hydro alumina plant in Brazil superimposed on the weak performance of overseas aluminum prices, plus the LME released metal inventories after the morning, the increase in Lun aluminum inventory is the most in nonferrous metals, Lun aluminum performance fell sharply after the reaction, out of the deep V situation, Probe down 1845 US dollars / ton, then rose back to 1860 US dollars / ton, as of 17:35, Lun aluminum began to show a recovery posture, closed at 1854 US dollars / ton, recorded a red doji, considering the delayed cancellation of Rusal sanctions news impact, Lun aluminum intraday trend tangled, is expected to base on 1850 US dollars continue to try to stand on the 10-day moving average, continue to pay attention to the impact
    of relevant macro news on the market trading atmosphere.

    In terms of the market, aluminum leaked at the beginning of the month, and then the basic performance range-bound
    .
    The transaction price in Shanghai within the day was traded between 13310~13330 yuan / ton, and the discount for the current month was around 20~10 yuan / ton
    .
    The transaction price of Wuxi is concentrated in 13310~13330 yuan / ton, and the transaction price in Hangzhou is concentrated between
    13330~13340 yuan / ton.
    The mainstream transaction price increased by about
    20 yuan / ton compared with the previous trading day.
    During the day, large traders maintained stable acquisitions, holders shipped actively and shippers more than received, intermediaries and traders traded actively, downstream receiving conditions improved compared with last week, and began to show initial stocking sentiment
    .
    The overall transaction in East China is acceptable
    .
    In the late afternoon, aluminum continued to maintain range volatility, the market transaction price was concentrated between 13310 ~ 13320 yuan / ton, and the month was posted 20 ~ 10 yuan / ton, and there was still some transactions
    in the afternoon.

    Due to the intertwining of intraday macro news, and its own fundamentals have not improved and are still weak, the intraday trend of Shanghai aluminum is tangled, and it does not show a clear development trend, and it is expected to continue to be range-bound, and it is expected to try to break through, paying attention to the release of relevant news and the change
    of long and short positions.

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