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    Home > Chemicals Industry > New Chemical Materials > Shanghai aluminum volatility rises, the market trading atmosphere warms up

    Shanghai aluminum volatility rises, the market trading atmosphere warms up

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Wednesday, the main 1811 contract of Shanghai aluminum opened at 14465 yuan / ton, some short departures at the beginning of the session made the price briefly rise at 14495 yuan / ton, slowly rose at 14520 yuan / ton at noon, in the afternoon due to the US dollar index all the way down, Shanghai aluminum took a slight break and took advantage of the momentum to climb again, short flat more in, Shanghai aluminum recorded the highest price of the day 14575 yuan / ton, the center of gravity at the end of the session fell slightly to test 14525 yuan / ton
    .
    Closed at the small white line, closed at 14535 yuan / ton, up 70 yuan / ton from the previous day, an increase of 0.
    48%.

    Shanghai aluminum

    In terms of external trading, Lun aluminum jumped high to open 2031 US dollars / ton, as the market expectation of worries after the landing of Sino-US tariffs has weakened, the opening price climbed all the way up 2045 US dollars / ton, the afternoon US dollar index high soft all the way down, Lun aluminum stabilized, once again touched a high of 2047 US dollars / ton, reaching the highest price of the day, the center of gravity at the end of the Asian market has fallen, testing down 2036.
    5 US dollars / ton
    。 Entering the European trading session, the trading atmosphere is gradually active, slightly touching 2045 US dollars / ton, as of 17:25, Lun aluminum reported 2038 US dollars / ton a narrow range of shock, closing at 2037.
    5 US dollars / ton, up 8.
    5 US dollars / ton, or 0.
    42%.

    In the spot market, aluminum fluctuated upward
    that month.
    Shanghai transaction concentration 14460~14470 yuan / ton, for the month discount 20~10 yuan / ton, Wuxi transaction concentration 14460 ~ 14470 yuan / ton, Hangzhou transaction concentration 14480 ~ 14500 yuan / ton
    .
    Warehouse receipts continue to flow into the spot market, the monthly difference of aluminum is narrowing, the value preservation strategy of holders is becoming more and more difficult, the shipment attitude is positive, the middleman is mainly for the downstream to receive goods, the downstream enterprises double section stocking demand, the purchase volume is high, and the overall transaction shows a double increase
    in supply and demand.
    In the afternoon, East China spot traded 14490~14520 yuan / ton
    .

    In terms of news, the National Development and Reform Commission held a press conference indicating that large-scale infrastructure projects will be restarted, such as rail transit and railway investment will increase, affected by the impact of Shanghai aluminum prices have been boosted, market trading atmosphere has been warmed
    .
    The center of gravity shifted upward during the day, the daily KDJ line crossover is pointing upward, the MACD green bar becomes shorter, and it is expected to continue to test the 10/40 daily moving average, and continue to pay attention to the development of the dollar index and fundamental-related events
    .

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