-
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 Thursday, the Shanghai aluminum 1809 contract opened at 14055 yuan / ton in the morning, the intraday base metal trend is more similar, the nonferrous metal collective rise at the beginning of the session, Shanghai aluminum touched 14110 yuan / ton, but then entered the downward mode, the afternoon bears concentrated a wave of smashing, aluminum price low touched 13940 yuan / ton, continue to refresh the recent low, in the afternoon some profit bears closed the market, Shanghai aluminum closed at 13990 yuan / ton
.
In terms of external trading, Lun aluminum opened at 2093 US dollars / ton in the morning, the center of gravity of Lun aluminum continued to move down, the low once touched 2081 US dollars / ton, refreshing a new low in nearly three months, but into the European trading session, the US dollar fell sharply, LME base metals collectively rose and turned red, Shanghai aluminum once rebounded to touch 2112 US dollars / ton, as of 18:06, Lun aluminum reported 2103 US dollars / ton, pay attention to the US ADP data and domestic Shanghai aluminum trends
.
In terms of spot, Shanghai trading concentration is 13880~13890 yuan / ton, the discount for the month is 20~10 yuan / ton, Wuxi transaction concentration is 13880~13890 yuan / ton, Hangzhou transaction concentration is 13910~13940 yuan / ton
.
Shipments by cargo holders increased slightly, middlemen received goods weakened compared with yesterday, downstream enterprises did not change their procurement strategies, and the overall transaction fell
compared with yesterday.
In the late afternoon, the center of gravity of aluminum in the month was moved down, and East China quoted 13800~13840 yuan / ton
.
Industry News:
1.
Mr TK Chand, the national aluminum industry of India, said: "It is expected that the price of alumina will remain at the level of
450~490 US dollars / ton.
Mr TKChand said, "The sharp drop in prices is because the market sentiment that drove the London Metal Exchange to impose sanctions on Rusal has almost disappeared, and aluminum prices have fallen in response to the market, and LME aluminum prices fell by $180/tonne, causing aluminum prices to hover
around $2,170/ton.
" ”
2.
According to foreign media reports, a few days ago, German Chancellor Angela Merkel warned that a trade war with the United States may trigger a global financial crisis, saying that the tariffs imposed by the United States on European automobiles will be "more serious" than tariffs on European steel and aluminum.
Overall, the short-term domestic aluminum price weak shock view is maintained, and the space below is expected to be limited, and attention is paid to the reaction
of the plate to the news of the production reduction at the alumina end.
