-
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: The US dollar index strengthened again, and the high of aluminum prices in the external market fell last Friday
.
The London Stock Exchange three-month aluminum price closed down 0.
91% at $2929/mt
.
Shanghai aluminum night trading also pulled, the main 2111 contract closed below 22945 yuan / ton
.
In the morning, the spot market transaction improved, and downstream purchases were more bargains, and holders were dumping goods for cash
.
The mainstream trading price in Shanghai is around 22,920 yuan / ton, which is about 80 lower than the futures discount
.
The mainstream transaction price in Guangdong is around 22940 yuan / ton
.
Recently, the domestic power shortage, energy consumption dual control caused by the expansion of the scope of power limiting, more prominent is Liaoning, the current electrolytic aluminum also has the possibility of limiting production, although the production capacity is not large, but the market is worried
about the decline in production.
Power cuts also inhibit production at downstream processing plants, but not as much as on the supply side
.
In the case of increased supply-side interference, aluminum prices will remain strong
.
However, it is recommended to focus on risk management before the National Day long holiday, and you can still go long
after the holiday.
