-
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
Domestic aluminum reopened after the holiday yesterday, opened at 20,800 yuan / ton, down 295 yuan / ton, or 1.
42%, and closed at 20,525 yuan / ton
.
Yesterday, LME aluminum opened at 2997 US dollars / ton, the highest 3035 US dollars / ton, the lowest price 2963.
5 US dollars / ton, as of 16:30 Beijing time, the quotation was 2969 US dollars / ton, down 16 US dollars / ton, or 0.
54%,
from the previous trading day's close.
On the supply side, the production capacity of electrolytic aluminum supply continued to rise, and the increase in production capacity slowed down slightly, but the output release continued to increase, and the supply pressure continued
.
Recently, under the policy intervention, transportation in some areas has improved slightly, and enterprises have begun to resume work and production, but consumption has not returned to normal levels
.
According to customs data in March, the export data of primary aluminum and aluminum products increased year-on-year, and it is necessary to pay attention to the interference of the epidemic on port unloading and shipping
.
In terms of inventory, domestic social treasury data showed a slight accumulation of inventory, and overseas stocks fell to about 570,000 tons, at a historical low
.
As of May 5, domestic aluminum ingot stocks were 1.
033 million tons, an increase of 46,000 tons
from the previous week.
As of May 5, LME aluminum stocks decreased by 0.
0375 million tons from the previous trading day to 573,600 tons
.
In terms of news, Russia announced that it would stop supplying natural gas to Poland, which led to a sharp rise in European natural gas prices, and continued to pay attention to the shutdown of
overseas aluminum plants.
After the Fed announced a 50 basis point rate hike and announced its June balance sheet reduction plan, LME base metals began to stop falling and rebound, but topside resistance remained
.
In terms of price, the test of the 20,000 yuan integer mark has increased, and the long and short game here is intertwined, and it is recommended to treat
it with a wait-and-see approach in the short term.
