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[brief Review of Aluminum in SMM] the main aluminum price rose more than 100 on the same day and is expected to continue to test the size of the upper space in the evening.
May 15,2020 15:29CST
translation
Source:SMM
The main aluminum price rose more than 100 on the same day and is expected to continue to test the size of the upper space in the evening.
The content below was translated by Tencent automatically for reference.

SMM, 15 May:

Shanghai Aluminum's main 2007 contract opened at 12540 yuan / ton in the morning, the lower shadow line of the opening K line reached a daily lowest point of 12515 yuan / ton, fluctuated upwards during the day, rose three times and fell three times, and the afternoon high stopped at 12630 yuan / ton. It finally closed at 12600 yuan / ton, the trading volume increased by 6181 yuan / ton to 92705 lots, and the position increased by 4656 yuan / ton to 154000 lots. It closed at the Xiaoyang line, up 115yuan / ton, or 0.92%, for three weeks in a row. The center of gravity rises above the 60-day moving average, the daily KDJ three-line aggregation faces up, the MACD red line shortens, and it is expected to maintain interval concussion at night and continue to explore the size of the upper space. Today's final delivery day of the 2005 contract of that month, which opened at 13185 yuan / ton, fluctuated upward during the day, rose 13120 yuan / ton at the end of the day, ended at 13015 yuan / ton, and the settlement price was 13035 yuan / ton, up 1.21%. The turnover increased by 13035 yuan / ton to 7065 lots, the position decreased by 2920 to 13650 lots, and the delivery volume reached 68250 tons. (SMM Xuman 021-51595898)

Evening news

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