-
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
Aluminum market morning comment: dragged down by domestic prices, the external aluminum price on Friday ended lower, and the three-month aluminum price on the London Stock Exchange fell 0.
96% to $2875 / ton
.
Coal prices continued to fall, continuing to affect market sentiment, and Shanghai aluminum continued to weaken
on Friday night.
The main 2112 contract was as low as 20,515 yuan / ton, closing at 21,460 yuan / ton
.
In the morning, the spot market trading improved, and the downstream bargain entered the market to purchase, and the continued merchants showed a certain willingness to
raise prices.
The mainstream trading price in Shanghai is 21,900 yuan / ton, which is about 70 percent lower than the futures
.
The mainstream transaction price in Guangdong is around 21800 yuan / ton
.
The short-term coal price intervention policy still affects market sentiment, but recently there has been a sharp shortage of power supply in Guizhou, and 1.
3 million tons of electrolytic aluminum operation has been required to be fully put into operation
.
This undoubtedly exacerbates the tightening
of domestic supply again.
In addition, India is also severely short of coal, resulting in a sharp decline in power supply, and the risk of aluminum production reduction has surged
.
Internal and external supply tightened resonance, giving aluminum prices another upward power
.
It is recommended to buy
on dips.
