-
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, the Shanghai aluminum main 1812 contract opened at 14250 yuan / ton, the opening bulls poured in, increased positions by more than 2600 hands in 10 minutes, Shanghai aluminum raised the highest price of the day 14310 yuan / ton, but the upper pressure is large, after a short stimulation, the Shanghai aluminum soft to 14270 yuan / ton near the first line hovered, and then stepped down the ladder around 14240 yuan / ton a narrow range of oscillations, the end of the sinking low 14215 yuan / ton
。 Yesterday's final close at 14220 yuan / ton, up 0 yuan / ton, up 0%, flat at the daily opening price, so far ended five consecutive Yang, closed at the small black line, the daily MACD began to turn red, began to stand firm 10-day moving average
.
The overall operation of the spot market has increased slightly, mainly with middlemen as the mainstay, and downstream procurement
on demand.
The mainstream trading price in Shanghai is around 14130 yuan / ton, which is about 50 yuan lower than the futures, and the mainstream trading price in Guangdong is at the level
of 14200 yuan / ton.
Domestic aluminum ingot stocks continued to decline, with weekly inventories falling by nearly 50,000 tons, mainly due to the recent reduction in production of aluminum plants affecting production
.
However, market confidence in consumption is low, as domestic economic growth accelerates
downward.
In addition, consumption will also be seasonally weakened
.
In the short term, supported by the reduction of aluminum plant production and the stabilization of costs and showing a recovery momentum, aluminum prices may maintain an oscillating trend, and the downward pressure is strong
in the medium term.
