-
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 Lun aluminum opened at 2228.
5 US dollars / ton, Asian session, driven by the sharp fall of Shanghai aluminum, but because the Dragon Boat Festival (Monday) Lun aluminum has digested the escalation of Sino-US trade frictions, the center of gravity of Lun aluminum slowly moved down; Entering the European trading session, the European stock market opened low, the total number of housing starts in the United States in May was the highest since July 2007, the dollar index hit an 11-month high, to 95.
30, Lun aluminum accelerated the decline below the $2200 / ton mark, and at $2180 / ton to try to rebound, finally failed and touched a low of $2167.
5 / ton, closing at $2179 / ton
.
In terms of news, the Sino-US trade war escalated, after the United States announced a 25% tariff on 50 billion imports to China on Friday, China announced reciprocal retaliation, on Monday Temp threatened to impose 10% tariffs on 200 billion US dollars of Chinese imports, China warned of reciprocal retaliation, and on Tuesday Trump threatened to raise taxes on 400 billion Chinese goods if China retaliated
.
During China's trading hours, panic in financial markets spread, A-shares plummeted, dragging down other countries' stock markets, and commodities also plummeted
.
U.
S.
stocks also fell slightly, with the dollar index rising as high as 95
on the back of risks.
The contradictions between the failure of Sino-US trade negotiations have intensified, and it may be difficult to have a final result in the short term, and risk aversion continues to dominate domestic financial markets
.
LME stocks fell by 2,650 tonnes to 1136925 tonnes
.
The fundamentals are not profitable, this round of Sino-US trade friction has not yet entered the easing stage, the US index is strong, the material aluminum still has downward space, and it is expected to run 2160~2195 US dollars / ton
in the day.
