-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Wednesday, the main 1709 contract of Shanghai aluminum fluctuated in a narrow range after the open, and the price suddenly rose sharply to 14,600 yuan near noon, and the aluminum price continued to rise sharply to 14,840 yuan in the afternoon, and then maintained a high volatility operation, and finally closed at 14,765 yuan, up 305 yuan, or 2.
11%.
Externally, the LME aluminum March contract opened in a narrow range to $1915, and suddenly jumped to $1936.
5 in the afternoon, but then fell sharply to $1920, after which the price continued to rebound higher, and finally closed at $1926, up $16.
5, or 0.
86%.
In terms of the market, the mainstream trading hours of the spot market continued to pick up, and the quotations of aluminum fell slightly in the morning, attracting traders to replenish slightly, and after the afternoon was close to the close, the holders adjusted the quotation in a timely manner to ship the goods
.
The downstream also has a bullish mentality, there is a certain willingness to receive goods at the high level, and the market transaction performance is acceptable
.
In terms of news, the market rumors before October 15, Hongqiao to close 260 tons of production capacity, aluminum market bulls moved by the wind, the main force increased sharply, Shanghai aluminum index increased by 74344 lots, the current market is affected by supply-side policies, short-term still has high momentum
.
On the technical side, the main KDJ and MACD double golden forks of Shanghai aluminum, the price rebounded sharply after the BOLL mid-rail support approached the previous high, but there will still be greater pressure in the short term, and the quotation may jump to above
14500 yuan / ton.
