-
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
Today's Shanghai aluminum main month 2009 contract opened at 14235 yuan / ton, the highest intraday 14305 yuan / ton, the lowest 14295 yuan / ton, settled 14245 yuan / ton, and closed at 14235 yuan / ton, down 70 yuan
.
Today's Shanghai aluminum low volatility, aluminum ingot inventory gradually accumulated, market fundamentals weakened, and aluminum prices continued to come under pressure
in the near future.
In the external market, today's Lun aluminum opened lower and lower, LME three-month aluminum Beijing time at 15:01 at 1781.
5 US dollars / ton, down 4.
5 US dollars, or 0.
25%
from the previous trading day's settlement price.
In terms of the market, today's spot trading price of Yangtze River was 14420-14460 yuan / ton, down 20 yuan; Guangdong South Reserve reported 14340-14400 yuan / ton, down 10 yuan; Hua reported 14540-14560 yuan / ton, down 20 yuan
.
Cargo holders are more active in shipments, large households are generally enthusiastic about receiving goods, downstream bargain hunting, and the overall transaction is
acceptable.
Industry news, Inner Mongolia Chuangyuan Metal's annual output of 800,000 tons of electrolytic aluminum project phase I and second series, that is, an annual output of 400,000 tons of electrolytic aluminum workshop, 800,000 tons of aluminum alloy processing workshop, supporting three 330MW coal-fired units of the power workshop has been completed and put into operation
.
Under construction is a series of 400,000-ton electrolytic aluminum workshops and three 330MW coal-fired units
.
The total investment of the project is about 20 billion yuan
.
Recently, aluminum prices have shown a high shock adjustment, and the weakening of domestic demand has become more and more obvious, and the external market atmosphere is also in the adjustment stage
.
From the perspective of supply and demand, the domestic off-season inventory remained low in July and August and did not accumulate significantly, demand decreased slightly while supply continued to increase, and the marginal supply and demand structure weakened
.
However, due to the current low inventory and the rhythm of domestic production capacity release, aluminum prices are dominated by funds, and the game between strong reality and weak expectations is becoming increasingly intense
.
Until effective production is released, strong spot support from low inventories will remain
.
Operationally, it is recommended to take profit in multiple stages, and there is obvious pullback pressure
in the short-term market.
