-
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 Monday, base metals were mixed, with the Shanghai lead 1810 contract rising 2.
26%, up ahead, while the Shanghai aluminum 1811 contract rushed back down, trading at 14790-14625 yuan / ton during the day, and closing at 14645 yuan / ton at the end of the day, down 0.
14%
on the day.
In terms of external trading, as of 15:43 Beijing time, the three-month Lun aluminum was reported at 2,045 US dollars / ton, down 0.
87% per day, and the technical support below focused on 2,000 US dollars / ton
.
In terms of spot, Shanghai trading concentrated 14600-14620 yuan / ton, the discount of the month was 10 yuan / ton to Pingshui, Wuxi transaction concentration was 14600-14620 yuan / ton, Hangzhou transaction concentration was 14630-14650 yuan / ton
.
Cargo holders are actively shipping, middlemen and downstream goods are slightly positive, and the overall transaction is stable and rising
.
On the news front, the Asian dollar index stabilized around 95.
4, maintaining Friday's overnight rally as stronger-than-expected U.
S
.
August non-farm payrolls data consolidated expectations of a Fed rate hike in September.
In addition, China's August CPI rose 2.
3% year-on-year, while higher than the expected 2.
1% and the previous value of 2.
1%, and the PPI fell slightly to 4.
1% year-on-year, lower than the previous value of 4.
6%, indicating that the demand for industrial products is still relatively insufficient
.
In the aluminum market, China's exports of unwrought aluminum and aluminum products in August were 517,000 tons, up from 510,000 tons
in July.
Overall, Shanghai aluminum continued to fluctuate at a low level, but domestic alumina prices remained firm
.
And domestic aluminum inventories continue to decrease, and the decline in aluminum prices may be limited
.
Operationally, it is recommended that the Shanghai aluminum 1811 contract can be backed above 14,500 yuan to bargain long, the entry reference is around 14,640 yuan, and the target is 14,800 yuan / ton
.