-
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
Recently, the domestic spot market has been active, supply-side interference factors have been reduced, and overseas energy prices are still high, helping aluminum prices to continue to run
at a high level.
At present, the market has entered the rhythm of the long-short game, and it is recommended that investors focus on the accumulation of aluminum ingots, the confirmation or falsification of demand preferences in March, and the bearish risks
under the contraction of overseas liquidity.
Russia's military action against Ukraine triggered a strong risk aversion and supply concerns in the market, Shanghai aluminum rushed back down, the main force of AL2204 closed at 22845 yuan / ton in the night session, up 0.
02%, and the position was reduced by 3940 lots to 228,300 lots
.
In terms of the market, the spot discount was expanded to 60 yuan / ton, Foshan A00 quoted 22740 yuan / ton, and Wuxi A00 reported a premium of 40 yuan / ton
.
Yesterday, the processing fee of aluminum rod remained stable, and Nanchang and Wuxi increased slightly by 10-40 yuan / ton; The processing fee of aluminum rods in many places remained stable, and Shandong increased by 50 yuan / ton; Aluminum alloy ADC12 series and A380104 were lowered by 100 yuan / ton, and the prices of A356 and ZLD102/104 remained stable
.
In terms of inventory, as of February 24, domestic social stocks increased by 60,000 tons from last week to 1.
099 million tons, and the overall accumulation volume after the holiday was higher
than the same period of previous years.
After the holiday, the impact of the epidemic gradually faded, but the escalation of the situation in Russia and Ukraine pushed up European energy prices, and the cost rise and loss of European aluminum enterprises intensified, resulting in strong overseas aluminum prices
.
In the future, we will focus on whether overseas sanctions will affect Rusal's production and the progress of domestic production capacity resumption in February and March, and be vigilant against the downside risk
after excessive speculation in aluminum prices.
