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[brief Review of Aluminum in SMM] the trend of aluminum price in the day closed smoothly at the cross star.
Oct 31,2019 16:30CST
translation
Source:SMM
The trend of aluminum price in the day closed smoothly at the cross star.
The content below was translated by Tencent automatically for reference.

SMM, 31 October:

Shanghai aluminum main company 1912 contract opened in the morning at 13815 yuan / ton, at the beginning of the day, aluminum prices were pushed up to 13855 yuan / ton intraday high and recorded a small cross star, due to the upper pressure greater aluminum prices subsequently fell back to 13820 yuan / ton a narrow shock, the last two touch 13840 yuan / ton, closed at 13810 yuan / ton, up 10 yuan / ton, up 0.07%, the daily K line closed at the cross star, the center of gravity was basically flat compared with yesterday, the last two times touched 13840 yuan / ton, up 10 yuan / ton, up 0.07%, the daily K line closed at the cross star, the center of gravity was basically flat compared with yesterday. Upper pressure 20 moving average, trading volume reduced by 31204 to 75738 hands, position reduced by 1754 to 228000 hands, daily MACD red line elongated. Within the day, the trend of Shanghai aluminum main company is stable, the change of long short position is flexible, the upper pressure level is obvious, it is expected to continue to maintain 200 yuan / ton price difference shock operation in the evening, and continue to pay attention to the change of market transaction atmosphere in the evening.

(Xuman 021-20707892, Shanghai Nonferrous Network)

Evening news

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