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    Home > Chemicals Industry > New Chemical Materials > The period of aluminum material high oscillation is mainly waiting for the breakthrough direction

    The period of aluminum material high oscillation is mainly waiting for the breakthrough direction

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai aluminum main 1911 contract opened at 14275 yuan / ton
    during the day.
    After the opening, the bulls reduced their positions, and the Shanghai aluminum shock went downward, breaking the daily moving average to the downside; In the second trading stage, some short positions were closed and exited, and the center of gravity of Shanghai aluminum slowly rose to 14260 yuan / ton
    above the daily moving average.
    In the afternoon, the opening of the high bulls left the market in another wave of position reduction, Shanghai aluminum fell in response, and finally closed at 14215 yuan / ton, down 25 yuan / ton, down 0.
    18%.

    Period aluminum

    In terms of external disk, Lun aluminum opened at 1792 US dollars / ton
    in the morning.
    During the Asian session, Lunaluminum performed in a narrow range, closing at 1791.
    5 US dollars / ton as of 15:00; Entering the European session, the US index went higher, suppressing the continuous leakage of Lun Aluminum, the lowest test was 1784 US dollars / ton, as of 17:12, it closed at 1787 US dollars / ton
    .
    It is necessary to continue to pay attention to the Fed's interest rate guidance on the US index, and it is expected that the London aluminum shock will run at 1770-1820 US dollars / ton
    .

    In the spot market, aluminum futures maintained range fluctuations
    before noon of the month.
    The spot quotation of Shanghai Wuxi market is between 14330-14340 yuan / ton, the opposite plate premium is between 20-40 yuan / ton, the spot price is basically the same as the previous day, and the spot price in Hangzhou is between
    14340-14360 yuan / ton.
    The shippers are more active in shipments, and the willingness of middlemen to receive goods is still strong, but the psychological expectations of the two sides are different in the transaction price, and the actual transaction is better overall but slightly deadlocked
    .
    Downstream manufacturers mainly take goods on demand, although the receiving status is not as good as the previous day, but because the spot price is slightly lower than the previous days, the purchase of goods within the day is acceptable
    .
    In the late afternoon, aluminum shocks downward, the price of holders is between 14330-14340 yuan / ton, the opposite plate premium is between 20-40 yuan / ton, only a small number of transactions between traders, the downstream is light
    .

    The recent escalation of global trade tensions, the economic outlook and monetary policy uncertainty of major economies are strong, the Fed announced another interest rate cut within 50 days, but the vote showed that the internal differences are huge and lack of effective management of long-term expectations, financial assets are at a sensitive time, the non-ferrous sector copper market short-term shock, the medium-term future market is still optimistic, the aluminum market is expected to fluctuate at a high level, waiting for the direction of the breakthrough, and the operation recommends that aluminum see more and move less for the time being
    .

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