-
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
Aluminum market afternoon comment: Eurozone economic confidence steadily improved, overnight London aluminum closed up $14, environmental protection production caused by supply concerns persisted, inventory de-inventory indicates that the peak season just demand is good, is expected to rise today
.
Overnight, Lun aluminum once rose sharply to a new high of $2455 before falling back to close Xiaoyang, and opened slightly higher at $2417 today
.
Shanghai aluminum rose sharply in daily trading, and the night high closed in a narrow range to close at 18870
.
Shanghai aluminum trading positions fell slightly, and the market sentiment before the holiday was cautious
.
Driven by the strong external market, Shanghai aluminum may continue the volatile upward trend
in the medium term.
Upper pressure 20000, lower support 18000
.
On the macro front, the Fed's April interest rate decision kept interest rates unchanged, and the statement emphasized the continuation of the stable policy, in line with market expectations; The U.
S.
economy performed strongly in the first quarter, with consumer spending hitting a new high since the third quarter of last year, but core PCE prices recorded an annual rate of 3.
5%
in the first quarter.
Overseas economic recovery accelerated, the US dollar was weak, and pre-holiday stocking demand was expected to support aluminum prices, but the recent spot transaction was weak, and the demand for stocking was delayed.