-
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 afternoon comment: The new round of economic stimulus plan in the United States is still deadlocked, overnight London aluminum closed down $24, China is a net importer of aluminum for two consecutive months, smelters will continue to release production, and aluminum is expected to fall
today.
In terms of the market, the price of Chinalco East China AOO aluminum ingots was 14580 yuan / ton, down 140 yuan
.
There is a trend of acceleration in the supply growth of electrolytic aluminum, and the production capacity in Shanxi and southwest China continues to increase, but inventories are still at a low level, and the market still expects demand for peak season, and it is expected that spot aluminum prices will not rise or fall much
today.
Fears of a second outbreak of the epidemic triggered risk aversion, the dollar index rebounded, and the colored sector fell overall
.
The profit of the electrolytic aluminum industry remained high, subject to the limited new investment capacity in the early stage, and the output increase in September was not much, but then the increment accelerated
.
At present, the market is concerned about the risk of a second outbreak of the epidemic in Europe and the continuity of consumption before and after the domestic holiday, and short-term prices have the risk
of testing the 60-day moving average.
From a medium-term perspective, electrolytic aluminum output accelerated after October, and the growth rate of consumption was slightly weaker, resulting in the occurrence of accumulation, and the passage of time became more and more favorable
to bears.
