-
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 2201 closed at 19535 down 175, LME aluminum closed at 2663 down 70.
5; macro aspect, US Senator Joe Manchin opposed Biden's tax and spending plan of about $2 trillion, while the new strain of omicron spread, US economic growth expectations were suppressed, financial market risk aversion rose, and stocks and commodities fell
sharply.
The one-year LPR was cut by 5 basis points for the first time in 20 months, reducing corporate lending rates and supporting the economy
.
Fundamentals, SMM inventory on the 20th reported 891,000 tons, down 19,000 tons from last Thursday; during the same period, the steel union statistics aluminum rod inventory was 86,000 tons, an increase of 02,000 tons from last Thursday; November unwrought aluminum and aluminum exports were 509,300 tons, an increase of 29,700 tons, November imports were 397,900 tons, an increase of 100,000 tons, of which primary aluminum imports were about 230,000 tons, an increase of about 90,000 tons; the pressure of power rationing was eased, Yunnan electrolytic aluminum started to partially resume production, and the pressure of electrolytic aluminum production in the Northern Winter Olympics was not large; alumina prices continued to fall sharply, and the cost accelerated to fall electrolytic aluminum profits were quickly repaired; Gongyi spot premium was abnormal, due to the downstream rush demand Increase
.
Approaching the Spring Festival, downstream demand gradually slowed down, destocking weakened, while spot discounts continued and transactions were weak; Overseas power is tight, which has a certain impact on the market, and it is expected that it will be difficult for aluminum prices to break through the shock range, and the upward resistance will continue to be strong
.
