-
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 14370 yuan / ton, briefly rushed up to 14410 yuan ton, the "water release" effect fermentation was completed, non-ferrous metals began to pullback, long positions closed, short entry, Shanghai aluminum main center of gravity moved down, low recorded 14255 yuan / ton, long entry support, Shanghai aluminum main repair part of the decline closed at 14290 yuan / ton
.
Since the beginning of this week, stimulated by the completion of domestic macroeconomic policies, market sentiment has reversed 180 degrees, and the stock market and non-ferrous metals have ushered in a long-awaited rebound
.
From a fundamental point of view, aluminum prices fell below cost, and it is difficult to put new capacity into production to meet expectations
.
Environmental protection problems have led to restrictions on alumina production, in addition, the "blue sky defense" in the second half of the year has also formed a favorable policy for aluminum prices
.
In terms of fundamentals, the three-year action plan issued by the Ministry of Industry and Information Technology shows that the new production capacity of electrolytic aluminum in some regions has been suppressed, and the peak shift production of electrolytic aluminum will also affect the output, boosting the strength of aluminum prices, reflecting the rise in the center of gravity of Shanghai aluminum on the plate
.
However, due to the current off-season of consumption, prices are close to the upper pressure area, and aluminum prices may face the pressure
of industrial hedging in the short term.
