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    Home > Chemicals Industry > New Chemical Materials > Upper resistance Shanghai aluminum performance is relatively weak

    Upper resistance Shanghai aluminum performance is relatively weak

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai aluminum 1902 contract opened at 13645 yuan / ton in the morning, and the beginning of the session slightly floated up to 13675 yuan / ton, because the upper moving average is more, there is heavy resistance, and the upward trend of Shanghai aluminum is weak, hovering
    slightly at 13665 yuan / ton.
    After entering the second trading stage, the center of gravity of Shanghai aluminum drooped, sliding down to the intraday low of 13610 yuan / ton, and the end of the session seemed to struggle upward, but did not show strong upward momentum, closing at 13615 yuan / ton
    .

    Shanghai aluminum

    In terms of the external market, Lun aluminum jumped high at 1938.
    5 US dollars / ton in the morning, and at the beginning of the session along the 5-day moving average slightly tested 1942.
    5 US dollars / ton, but the upper 60-day moving average resistance was too large, and the subsequent Asian trading session Lun aluminum basically fluctuated in a narrow range around 1940 US dollars / ton below the daily moving average, and the high and low price difference did not exceed 5 US dollars / ton
    。 After entering the European trading session, Lun aluminum began to fluctuate widely, both upward tests recorded a long upper shadow difficult to achieve an effective breakthrough, the downward process touched the intraday low of 1931 US dollars / ton, as of 17:40, Lun aluminum closed at 1935 US dollars / ton, closed at the small black line, and finally fell below
    all moving averages.

    In terms of the market, the transaction price in Shanghai is concentrated at 13530~13540 yuan / ton, the flat water ~ premium water of the month is 10 yuan / ton, the transaction price of Wuxi is concentrated in 13530~13540 yuan / ton, the transaction price of Hangzhou is concentrated between 13570~13580 yuan / ton, and the mainstream transaction price is nearly 60 yuan / ton
    lower than the previous day.
    The downstream of the day is more recognized by the price, plus the previous two days received less, the purchase volume of this day has increased, and the enthusiasm has increased
    .
    The market is well stocked, holders consider shipments actively in order to reduce inventory, and in recent days, large households continue to maintain the rhythm of acquisition at good prices, traders are actively shipping at a premium, and intermediaries are actively
    offering and inquiring with each other.
    In the late afternoon, the center of gravity of aluminum stabilized, the volatility was not large, the transaction price was concentrated at 13530 ~ 13540 yuan / ton, the premium of the month was 10 ~ 20 yuan / ton, the premium was slightly increased compared with the morning, and the next month was 50 ~ 60 yuan / ton, because there were more traders in the market who made the price difference in the next month, and the afternoon holders shipped more actively, only a small number of transactions
    .

    Intraday colored plate red and green, Shanghai aluminum daily overall is below the daily average, the performance is relatively weak, in all metals fell more, because the fundamental weak pattern has not changed, and aluminum plant new capacity release news has recently occurred frequently, is expected to continue to test the 5-day moving average, maintain a weak shock, pay attention to the impact of changes in the US dollar index and aluminum plant production reduction, new capacity news on the market trading atmosphere
    .

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