-
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 2201 closed at 18875 up 20, LME aluminum closed at 2635 up 10.
5; macro aspect, Fed Powell said that the risk of rising inflation increased, abandoning the view that inflation is "transitory", and considering completing the taper ahead of schedule; The central bank decided to cut the deposit reserve ratio by 0.
5% on the 15th, release liquidity of about 1.
2 trillion yuan, and reduce the interest rate for small reloans for agricultural support; the Political Bureau of the Central Committee held a meeting, which emphasized the need to promote the construction of affordable housing, support the commercial housing market to better meet the reasonable housing needs of buyers, and promote the healthy development of the real estate industry and a virtuous circle
.
In terms of fundamentals, SMM stocks on the 6th reported 978,000 tons, down 24,000 tons from last Thursday; during the same period, the steel union statistics aluminum rod inventory was 95,000 tons, an increase of 14,500 tons from last Thursday; November unwrought aluminum and aluminum exports were 509,300 tons, an increase of 29,700 tons month-on-month, imports were 297,000 tons, an increase of 44,000 tons, the increase was mainly primary aluminum; the pressure of power rationing was eased, and Yunnan electrolytic aluminum started to partially resume production; alumina prices continued to fall sharply, and costs accelerated to fall electrolytic aluminum profits quickly repaired
。
Before the holiday, downstream replenishment consumption, strong demand for start and out, decline in upstream ingots, decline in arrival demand, it is expected that inventory will be significantly degraded in the near future, short-term prices have certain support, but the current spot is still discounted, Yunnan resumed production increased, approaching the downstream holiday start off-season, electrolytic aluminum costs fell sharply, profits returned, and price upward resistance was strong
.
