Aluminum prices may be a new low-day plastic is expected to restart

Aluminum prices may be a new low-day plastic is expected to restart reporter Wu Bin Report: The second half of this week, the domestic futures market is still in a narrow range of oscillation finishing. Shanghai copper's adjustment received strong support from the 10-day moving average and continued to maintain the trend on the oscillator; Shanghai Aluminum continued to fall and fell below the original narrow-width sideways area. The main contract ended at 511 yuan/ton on Friday, 511. It fell 395 yuan on Tuesday and held 27,486 lots, a decrease of 716 lots compared with Tuesday, and it may create new lows. After Hujiao’s attack on the upside on Wednesday was upside again on Friday, the possibility of a breakthrough consolidation area was very strong. The main contract reached 148,141 yuan/ton on Friday, up 2 yuan from Tuesday, holding 48,728 lots, a 4940 decrease from Tuesday. hand. Although the soybean and soybean meal contracts on the Dalian Commodity Exchange rebounded on Wednesday and Thursday, they basically fell back on Friday and it is expected that the weak pattern will continue. Zhengzhou Commodity Exchange's cotton, ale, and hard wheat contracts are basically in a narrow-shoulder state, with little change in prices. Excerpt: Yangcheng Evening News