-
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 main force opened at 15545 yuan / ton, due to evening rumors that Weiqiao power outage and the relevant leaders of the enterprise said that the production reduction will exceed expectations, stimulating aluminum prices to rush up strongly, the high once touched 16330 yuan / ton, recorded a new high since the beginning of May 2012, the end of the session closed at 16220 yuan / ton, the position increased by 65582 hands to 448102 lots, the Shanghai aluminum index position increased by 83508 hands to 903108 lots, the bulls strongly controlled the market
。 The market bullish atmosphere has exploded, funds have frantically flowed into Shanghai aluminum, and the upward speed of aluminum prices led by emotions has accelerated, and it is necessary to continue to pay attention to whether there is still "news" outflow to continue to stimulate the market
.
In terms of the market, on the same day, the spot price of A00# aluminum was 15140 yuan / ton, up 390 yuan / ton from the previous day, and the discount was 100 yuan / ton compared with the near-month contract, the holder shipped stably, the spot discount expanded, traders received goods actively, the spot continued to rise, downstream enterprises were afraid of heights, the wait-and-see mood was extremely strong, it was difficult to see the receipt, and the overall transaction picked up
.
In terms of news, yesterday Shandong Province ordered Weiqiao and other aluminum companies to reduce production by more than 3 million tons, while rumors that new power plants were strictly approved and basically difficult to pass
.
Stimulated by the news, aluminum prices soared overnight, and Shanghai aluminum was close to the limit
for a while.
Short-term Shanghai aluminum trading positions have risen sharply, and the market is extremely frenetic and may continue to rise
.
Upper pressure at 17000, lower support 5-day MA at 15210
.
