On the 3rd, Shanghai Aluminum Futures took a step back and lost momentum. One of the main contract 508 to 16710 opening, followed by a slight shock in the disk, after hitting the day low of 16700, that is, all the way higher, higher touch and 16830, but the pressure was prominent, compared to the final income at 16790, the daily increase in more than 2,500 hands. Aluminium led by the rise in London copper, broke through 1750 at one stroke, and prices returned above the 5-day moving average. Along with the short-term moving average system's wear on the 20-day MA, the medium-term increase will continue. The domestic hysteresis of the futures market is finally driven by the breakthrough of 17,000 in the spot price. This week, aluminum inventories have fallen by more than 10,000 tons, which has now fallen to a low level this year, providing an effective subject for speculation in the later period. However, the author has always stressed that the next aluminum consumption has entered the off-season, and it is not able to give an effective boost to the current price of the upside attack. The aluminum market is cautious in the near term. Operational recommendations: rebound to lighten up.
Dozer Parts,Bulldozer Spare Parts,Caterpillar Dozer Parts,Aftermarket Dozer Parts
JINING SHANTE SONGZHENG CONSTRUCTION MACHINERY CO.LTD , https://www.stszcmparts.com