-
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
Overnight, the main force of Shanghai aluminum opened at 14350 yuan / ton, the news of the cut was intermittent, the bulls still tried to increase their positions to protect the market, the center of gravity of aluminum rose all the way, the high recorded 14460 yuan / ton, the short-term bulls at the end of the session left the market, and the aluminum price fell slightly to close at 14435 yuan / ton
.
The trading volume decreased by 115,000 lots to 60,204 lots, and the position increased by 3,982 lots to 315256 lots
.
News interval, bulls a little rest, waiting for the next wave of production cut news, in view of the production capacity reduction in July, the government's implementation can be seen, bears dare not easily do long short, can only short-term short test, expected Shanghai aluminum high shock, down test 10-day moving average, the center of gravity relies on the 5-day moving average, is expected to run 14300 ~ 14500 yuan / ton
within the day.
Spot discount 170~150 yuan / ton
.
In terms of the market, on the same day, the spot price of A00# aluminum was 14180 yuan / ton, down 40 yuan / ton from the previous day, and the discount of the near-month contract was 65 yuan / ton, Shanghai aluminum pulled back at a high level, and the holders actively shipped, the month changed the month, the spot discount expanded, the middlemen had room to operate, the downstream enterprises purchased according to just demand, and the overall transaction showed a hot before and then cold state
.
In terms of news, the news of production cuts failed to be confirmed, the spot supply of aluminum ingots was sufficient, downstream consumers just needed to purchase at the bottom, and the spot market transaction was flat
.
Although the price of aluminum ingots has risen one after another by the news of production cuts, the price of aluminum ingot futures has been difficult to break through 14,500 yuan / ton in recent days, and the high spot inventory of aluminum ingots is the main reason
.
However, it is expected that the third quarter will be the stage of centralized implementation of supply-side reform policies, and aluminum ingot prices may continue to fluctuate
strongly.
