-
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 performance of Shanghai aluminum is flat, still maintained around 15,000 yuan / ton, and the smelting profit remains high, resulting in the impulse to put into production
.
Near the Spring Festival, the downstream operating rate will further decline, leading to the expected strengthening of accumulation
.
At present, the stable structure makes the smelter's selling and hedging position gradually increase the significance, and the price of Shanghai aluminum fluctuates around 15,000 yuan / ton, and it is difficult to have a trend market
.
On the macro front, US GDP grew by 4% in the fourth quarter of 2020, slightly below expectations, and GDP growth for the full year was -3.
5%, the first negative value since 2009; U.
S.
jobless claims fell last week, and the three major U.
S.
stock indexes closed higher
as the dollar index slipped slightly and risk sentiment improved.
Yesterday, the central bank launched a 7-day reverse repurchase operation of 100 billion yuan in the open market, with a net withdrawal of 150 billion yuan, and the capital situation continued to be tight
.
In terms of fundamentals, the domestic epidemic rebounded, downstream consumption was suppressed, coupled with the collapse of aluminum prices, the amount of ingots cast by aluminum factories continued to increase, but logistics was tight and the arrival of goods was slow; Electrolytic aluminum production continued to expand, and consumption slowed down significantly
.
