 Home > Chemicals Industry > New Chemical Materials > August 31 aluminum market morning review

August 31 aluminum market morning review

 Last Update: 2022-12-19
 Source: Internet
 Author: User

Tags

aluminum zinc alloy

2014 t6 aluminum

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Aluminum market morning comment: The dollar index fell sharply, and the outer metal generally rose
on Friday.
The London Stock Exchange three-month aluminum price rose 1.
12% to $1790/mt
.
Shanghai aluminum night trading gap opened high, fell back at the end, and finally closed above 14620 yuan / ton
.

Aluminum City

In the morning spot market, there was no volume, and the initiative of holders to ship was still strong, but the middlemen were still limited in receiving goods, and the downstream was also slightly stocked
.
The mainstream trading price in Shanghai is 14660 yuan / ton, which is about
30 higher than futures.
The mainstream transaction price in Guangdong is around 14750 yuan / ton
.

The current macro optimism continues, coupled with good expectations for consumption in the peak season, inventories are still at a low level, but supply pressure is also becoming more and more obvious
.
Short-term aluminum prices may remain high and volatile
.
Short-term recommended interval operation is the mainstay
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.