-
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
Today's Shanghai aluminum main month 2010 contract opened at 14415 yuan / ton, the highest intraday 14460 yuan / ton, the lowest 14310 yuan / ton, settled 14380 yuan / ton, and closed at 14355 yuan / ton, down 140 yuan
.
Today's Shanghai aluminum is running at a low level, the market is still relatively optimistic about the peak season, there is no obvious destocking for the time being, aluminum prices may continue to fluctuate
.
Today, LME three-month aluminum opened lower and went low, and the LME three-month aluminum Beijing time was reported at 1786 US dollars / ton at 15:01, down 9 US dollars, or 0.
50%,
from the settlement price of the previous trading day.
In terms of the market, today's spot trading price of Yangtze River was 14550-14590 yuan / ton, down 140 yuan; Guangdong South Reserve reported 14690-14750 yuan / ton, down 130 yuan; Hua reported 14670-14690 yuan / ton, down 140 yuan
.
The enthusiasm of cargo holders is not reduced, the demand is still weak, and the overall trading atmosphere is flat
.
Industry news, on September 8, the first section of the electrolyzer of the second phase of the Zhaotong Hydropower and Aluminum Project was successfully electrified, marking the smooth delivery of the first section of 51 electrolyzer safety projects
.
The processing of the two-stage electrolyzer and aluminum busbar has been started
.
Macro level, the plunge in U.
S.
stocks and crude oil dragged down non-ferrous metal prices, which put pressure
on them in the short term.
In terms of supply, aluminum enterprises have steadily released production capacity, Yunnan Hongtai began power testing this week, and the industry investment and recovery capacity continues to release, the operating rate of the electrolytic aluminum industry continues to rise, and the pressure on the supply side may continue to rise
.
In terms of demand, the current consumer side still continues to be weak in the previous period, but the inventory of the aluminum ingot market has not yet shown an inflection point, and the recovery pace in the peak season is slower
than expected.
Pay attention to the improvement of downstream operating rates
.
Overall, the recovery pace of the short-term peak season is slow, but there is limited space below aluminum prices under low inventories, and the supply increment before the end of October is difficult to cope with the increase
in demand in the peak season.
