 Home > Chemicals Industry > New Chemical Materials > February 19 aluminum market morning review

February 19 aluminum market morning review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

Tags

breathing aluminum dust

take 2 zyrtec

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

Aluminum market morning comment: economic recovery is expected to be strong, the dollar index weakened, and overnight external metals strengthened
across the board.
The three-month aluminum price on the London Stock Exchange soared to $2,167/ton, closing at $2,141/ton, up 1.
35%.

Shanghai aluminum night trading gap opened high, and then fluctuated, the main 2104 contract closed above 16620 yuan / ton
.

Aluminum City

The morning spot market is dominated by traders and middlemen, and there are fewer
downstream goods.
The mainstream trading price in Shanghai is around 16260 yuan / ton, which is about 70 lower than the futures discount
.
The mainstream transaction price in Guangdong is around 16290 yuan / ton
.

During the domestic Spring Festival, the accumulation of stocks is small, consumption expectations are optimistic, overseas consumption is also accelerating the recovery trend despite the slowdown of the epidemic, and the role of domestic and foreign consumption linkage is superimposed on the background of global liquidity easing, short-term aluminum prices have been driven
by a greater rise.
Operationally, it is recommended to take advantage of the dip and go long
.

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.