-
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, Shanghai aluminum continued to fluctuate weakly, tug-of-war
around 20,000.
At the beginning of the week, the social stock of aluminum ingots increased by another 20,000 tons to 1 million tons
.
The turmoil in the coal market has not yet ended, and the cost of aluminum plants has declined, but the current loss of electrolytic aluminum production capacity is still about
30%.
Aluminum production in the heating season is expected to continue to decline, and there will be improvement after the easing of power restrictions at the consumption end, and the subsequent tendency to return to destocking
.
Short-term wait-and-see is the mainstay
.
This week's electrolytic aluminum social inventory increased by 21,000 tons to 1.
003 million tons, Wuxi contributed the main increase, mainly due to the increase in local arrivals; previously, due to the national control of coal prices, the market for the collapse of electrolytic aluminum cost support logic concerns, aluminum prices fell sharply, but at present, aluminum enterprise electricity costs are still at a high level, superimposed alumina prices continue to rise, electrolytic aluminum costs are still supported
.
There is no more news of production cuts this week, but the previous power and production restriction policy is still being implemented, and there are still tight expectations on the subsequent supply side; On the consumer side, downstream new orders are acceptable, Henan, Guangdong, Jiangsu, Zhejiang and Shanghai processing enterprises have eased power rationing, and the decline in aluminum prices has also stimulated the enthusiasm of processing enterprises to purchase, if subsequent consumption continues to improve, aluminum prices still have upside
.
