-
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
Overnight Shanghai aluminum opened at 14780 yuan / ton, the 5-day line support at the beginning of the session showed again, and then the bulls took the initiative to increase their positions under the aluminum price all the way to the upside to touch 14870 yuan / ton, a small number of bears at the end of the session tried to enter the market to pressure aluminum prices, Shanghai aluminum gave up a small part of the rise to close at 14825 yuan / ton, the position increased by 1516 hands to 283480 lots, and the long position increased
.
It is expected that today's Shanghai aluminum main contract will fluctuate at a high level of 14730~14900 yuan / ton, and the spot discount will be 160~120 yuan / ton
.
In terms of the market, on the day, the spot price of A00# aluminum was 14460 yuan / ton, up 220 yuan / ton from the previous week, and the discount of 105 yuan / ton compared with the near-month contract, subject to the impact of the consumption off-season, last week's spot discount remained within 150-120 yuan / ton, traders based on basis changes in trading, traders contributed to the main transaction during the week, the willingness of holders to ship is still not strong, the discount is difficult to expand, but it is also difficult to
narrow.
In terms of news, the overnight colored trend was volatile, copper, aluminum and zinc closed slightly higher, and the London market was weak.
Earlier data showed that the number of new non-farm payrolls in the United States in July was 209,000, compared with 180,000 expected, and the unemployment rate of 4.
3% fell again to the lowest level in 16 years hit in May
.
The non-farm payrolls data was significantly better than expected, supporting market demand
.
Recently, the price of Shanghai aluminum has risen sharply due to the reduction of production, and the price has retraced
after market speculation.
