-
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
On Wednesday, Shanghai aluminum opened at 12490 yuan / ton in the morning, long positions at the beginning of the session with a small number of short entry, Shanghai aluminum under pressure fell low recorded 12390 yuan / ton, then long and short more wait-and-see attitude, aluminum prices around 12420 yuan / ton narrow finishing, afternoon short-term short positions plus a small number of long entry, Shanghai aluminum upward many times rushed up the daily moving average unsuccessful, the end of the early entry of bulls concentrated exit, aluminum prices fell slightly to close at 12420 yuan / ton
.
For the current position of Shanghai aluminum, long and short funds have not shown the willingness to chase up and kill the fall, and in the context of the fact that the fundamentals have not turned a big turn, it is expected that the short-term Shanghai aluminum will maintain a volatile trend
.
In terms of external trading, Apan Lun aluminum followed Shanghai aluminum upward in the afternoon, touching 1673.
5 US dollars / ton at a high level, and then fell below the intraday moving average, and Lun aluminum fluctuated below the daily moving average in the afternoon, and several times touched the daily average unable to break through the resistance
.
Entering the European session, the market confidence was shaken without results, Lun aluminum was under pressure to touch the downward low of 1661 US dollars / ton, after touching the low, Lun aluminum tried to rebound again, climbing 1674 US dollars / ton, and the night shock fell back to close at 1670 US dollars / ton
.
In terms of the market, the Shanghai transaction concentration was 12650-12670 yuan / ton, the monthly premium was 120-130 yuan / ton, the Wuxi transaction concentration was 12640-12670 yuan / ton, and the Hangzhou transaction concentration was 12670-12680 yuan / ton
.
Shanghai holders control shipments, spot premiums expand, Wuxi holders follow the control of shipments, spot prices rose to 12660-12670 yuan / ton, weak cash is strong, middlemen are willing to receive goods, downstream with rising goods are more active, the overall transaction remains active
.
In Hangzhou, due to the ban on logistics trucks entering today, aluminum ingot transactions are mainly
in bulk orders.
In the late afternoon, aluminum fluctuated and sorted out the month, and a small number of transactions in Shanghai were 12660-12670 yuan / ton, and the willingness of cargo holders to raise prices was still there, and it was difficult for middlemen to find low-priced sources, and supply and demand were
deadlocked.
In the short term, spot premiums have risen, indicating that the spot end is still affected by low inventories, and aluminum prices are relatively firm
in the short term in the case of relatively tight supplies.
On the plate, Shanghai aluminum is supported at the moving average, and it is possible to continue to rebound in the short term; The medium-term supply and demand reversal is more certain, and it is temporarily wait-and-see to wait for the opportunity
to sell short at a high level.
