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    Home > Chemicals Industry > New Chemical Materials > The trend of Shanghai aluminum is under pressure on the daily moving average, and the price center of gravity is lower than the previous day

    The trend of Shanghai aluminum is under pressure on the daily moving average, and the price center of gravity is lower than the previous day

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai aluminum main 1812 contract opened at 14120 yuan / ton in the morning, briefly stretching up to 14145 yuan / ton at the beginning of the session, and the first trading stage had a large amplitude, and the lowest price of the day was 14075 yuan / ton
    .
    After entering the second trading stage, the performance of Shanghai aluminum first rose and then declined, first slowly climbed to 14145 yuan / ton, but the upper pressure was greater, Shanghai aluminum continued to rise and turned low, again recorded an intraday low of 14080 yuan / ton, the daily close at 14085 yuan / ton, down 100 yuan / ton, down 0.
    7%, the overall trend of Shanghai aluminum within the day under pressure on the daily average, the price center of gravity fell
    from the previous day.

    Shanghai aluminum

    In terms of external trading, Lun aluminum opened at 1979 US dollars / ton in the morning, and during the Asian trading session, Lun aluminum stood above the daily moving average, touching the height was blocked by 1989 US dollars / ton narrow fluctuations, continued to rise weakly, in the context of the US dollar index gradually climbing began to fall back at a high level, falling to the lowest of the day 1978 yuan / ton
    。 After entering the European trading session, it began to fluctuate around the daily moving average wide, during which the two upward tests stopped at 1986.
    5 US dollars / ton, the lowest fell again at 1978 US dollars / ton, and then began to climb slowly, as of 17:40, the center of gravity rose, closing at 1986 US dollars / ton, up 5 US dollars / ton, or 0.
    25%, closing at the small white line
    .

    In terms of the market, aluminum stabilized after the range of the month climbed
    .
    Shanghai transaction concentration is 14020~14030 yuan / ton, the discount of the month is 60 ~ 50 yuan / ton, Wuxi transaction concentration is 14020~14030 yuan / ton, Hangzhou transaction concentration is 14050~14070 yuan / ton
    .
    The intraday circulation is more sufficient, traders often ship actively for long orders at the end of the month, and the spot transaction price is lower than the previous day, the downstream price is more recognized, the willingness to receive goods has improved, and the overall transaction within the day is more active
    .

    Recently, the decline in social aluminum ingot inventory has narrowed significantly, and consumption has not recovered significantly, so aluminum prices are difficult to get an upward driving force, superimposed on the macro trading atmosphere is still relatively empty, Shanghai aluminum intraday performance is weak, maintain range volatility, is expected to continue to bear pressure on the 5/10 daily moving average, pay attention to the impact of external guidance and macro atmosphere on market traders
    ' confidence.

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