-
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
In the morning, Lun aluminum opened at 2094 US dollars / ton, the domestic aluminum price during the Asian session fell sharply, but Lun aluminum showed good resistance to falls, basically around the daily moving average oscillation, the center of gravity slightly down, into the European trading session, Lun aluminum amplitude intensified, the low touched 2087.
5 US dollars / ton, and then touched 2107 US dollars / ton, but the 5-day moving average resistance has been expressed, Lun aluminum has never been able to break through the point, closed at 2103 US dollars / ton, recovered 2100 US dollars / ton integer mark
.
The dollar rose against the euro ahead of the Federal Reserve's policy meeting next week, pushing down overall base metals prices, while tin prices fell to a seven-week low
.
Fueling fears of a trade war, the threat of tariffs has also hit base metals as a whole, with a more immediate impact on aluminum prices, creating a supply glut
if exporters to the U.
S.
have to sell the metal to other countries.
At present, the performance of London aluminum is slightly repeated, fluctuating up and down the $2100 line, the current fundamental performance has not improved much, and the demand for spring has not been concentrated for
the time being.
With high LME inventories, Lun Aluminum expects the short-term dilemma to continue
.
