-
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
Today's Shanghai aluminum main contract 1710 oscillation slightly rose, intraday trading at 14850-14665 yuan / ton, the end of the close at 14765 yuan / ton, up 0.
54%, the performance is weaker than other base metals, as the market investment sentiment tends to be calm, but the current Shanghai aluminum rebound pattern is still good, cautious about
the pullback range.
At the same time, the positive price difference between Shanghai aluminum 1709 and 1710 contracts narrowed to 100 yuan / ton
.
In terms of external trading, LME aluminum continued to fall under pressure today, of which 3-month Lun aluminum traded at 1920-1904 US dollars / ton, now slightly down 0.
21% to 1909 US dollars / ton, close to the level of July 12 this year, the current London aluminum fell into a high wide range oscillation for the third consecutive week, showing long and short trading cautious
.
On the macro front, the Asian dollar index fell into low oscillations for the fifth day in a row, trading around 92.
7 in early trading, close to the low set on May 2 last year
.
The final Markit services PMI in the United States came in at 54.
7 in July, up from 54.
2 in the preliminary reading and 54.
2 in the previous month, the highest
since January.
In the aluminum market, considering that October 15 is the deadline for supervising rectification, if the policy requirements are strictly followed, the relevant capacity reduction of the electrolytic aluminum industry will enter a substantive stage
.
In terms of the market, on August 4, Shanghai aluminum trading concentrated 14450-14460 yuan / ton, the discount for the month was 140-120 yuan / ton, Wuxi transaction concentration was 14450-14460 yuan / ton, Hangzhou transaction concentration was 14480-14500 yuan / ton
.
Smelter shipments decreased, the circulating supply was slightly less than yesterday, downstream enterprises passively stocked the weekend, traders mainly received goods for downstream enterprises, and the overall transaction was warmer
than yesterday.
During the day, the Shanghai aluminum 1709 contract fell under pressure to 14765 yuan / ton, but the decline was weaker than other base metals, indicating that after the short-term aluminum price decline risk was released, the willingness to stabilize and rebound remained, while Shandong Province will limit the production of alumina and electrolytic aluminum, which will bring upward momentum in the later period and will also attract funds to enter
.
In terms of operation, it is recommended that the Shanghai aluminum 1709 contract can be backed above 14,600 yuan to bargain hunt, and the entry reference is around 14,700 yuan, and the target is 15,000 yuan
.
