-
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 economic downturn led to weaker consumption expectations, the US dollar index reached a new high, overnight external aluminum prices fluctuated to close down, LME three-month aluminum prices fell 0.
74% to 2288 US dollars / ton
.
Shanghai aluminum traded in a narrow range overnight, and the main 2210 contract closed flat at 18355 yuan / ton
.
In the morning, the spot market transaction did not improve further, the price rebounded, the enthusiasm for downstream receiving goods weakened, and traders were also slightly cautious
.
The mainstream trading price in Shanghai is around 18,400 yuan / ton, which is about 40 lower than the futures discount
.
The mainstream transaction price in Guangdong is around 18320 yuan / ton
.
Sichuan's production capacity has not yet resumed work, the current domestic supply pressure is limited, and Yunnan's power supply may tighten and bring the possibility of further disruption to the
supply side.
However, the current consumer side is still weak and there is no sign of
improvement.
At present, explicit inventories remain low, and supply-side disturbances continue to provide some support
.
However, medium-term supply pressure still exists, while downward pressure on the domestic and foreign economies is increasing
.
Therefore, short-term aluminum prices may fluctuate
repeatedly.
Operationally, it is recommended that interval operations are the mainstay
.
