-
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
Market review, base metals are mixed, of which the Shanghai aluminum shock weakened, intraday trading at 14570-14395 yuan / ton, the end of the day closed at 14400 yuan / ton, down 0.
79%
on the day.
In the external market, as of 15:32 Beijing time, the 3-month Lun aluminum was reported at 2046 US dollars / ton, down 0.
49% on the day, and the lower support focused on 2000 US dollars / ton
.
In terms of the market, the Shanghai transaction concentration was 14360-14400 yuan / ton, the discount for the month was 30-20 yuan / ton, the Wuxi transaction concentration was 14360-14400 yuan / ton, and the Hangzhou transaction concentration was 14400-14420 yuan / ton
.
Holders of stable shipments, some middlemen choose to purchase spot to pay long orders, aluminum prices are down, downstream enterprises choose to wait and see, and the overall transaction is colder
than the previous day.
In terms of news, the Asian dollar index weakened and is now trading around 95.
630, stimulated by US President Trump's renewed bombardment of the Federal Reserve, the dollar index showed a downward trend
.
In terms of industry, Emilio Braghi, president of Novelis Europe, the world's largest rolled aluminum producer, said that European demand for aluminum cans is expected to remain strong
.
More beverage industries, from mineral water to liquor, use cans
.
During the day, the Shanghai aluminum shock weakened, the market performance was repeated, the spot market was affected by the downward trend of aluminum prices, downstream companies chose to wait and see, and the overall transaction became colder
than the previous day.
On the technical side, the futures price was blocked from falling near the 60-day moving average, and fell below the moving average combination at the end of the day, indicating that short-term aluminum prices continue to have greater upward pressure
.
Operationally, it is recommended that the Shanghai-aluminum 1811 contract can be sold high and low between 14300-14550 yuan / ton, and the stop loss is 100 yuan / ton
.
