-
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 Monday, Shanghai aluminum opened at 16270 yuan / ton in the morning, the black series at the beginning of the session rose strongly to boost market sentiment, Shanghai aluminum bulls actively entered to push up aluminum prices to shock upward, the afternoon early session once touched 16585 yuan / ton, high short-term bulls chose to take profits to close their positions, Shanghai aluminum gave up part of the rise to close at 16430 yuan / ton, the trading volume increased by 88108 hands to 631432 lots, the position decreased by 510 hands to 368102 lots, and the Shanghai aluminum index position increased by 32672 hands to 918574 lots, Bulls mainly
increase their positions.
Shanghai aluminum recorded a long lower shadow for two consecutive trading days, showing that the willingness of long pallets is strong, aluminum prices are still prone to rise and fall, short-term is expected Shanghai aluminum to maintain high volatility, or continue to try to rise
.
In terms of external trading, Lun aluminum opened at 2063 US dollars / ton in the morning, at the beginning of the session by the domestic market driven by Lun aluminum rapid rise, then high shock touched 2098.
5 US dollars / ton, Asian afternoon London aluminum shock downward gradually gave up gains, into the European trading session Lun aluminum continued to pullback, once stepped back at 2069 US dollars / ton line, then ushered in a slight rebound, as of 17:46, Lun aluminum reported 2075.
5 US dollars / ton, Lun aluminum successively recorded a longer upper shadow showing that the continuous upward momentum is limited, In the short term
, aluminum prices are expected to continue to maintain a pattern of internal strength and external weakness.
In terms of the market, aluminum rose in steps before noon of the month
.
Shanghai transaction concentration 16130-16150 yuan / ton, the month discount 230-220 yuan / ton, Wuxi transaction concentration 16130-16150 yuan / ton, Hangzhou transaction concentration 16140-16160 yuan / ton, holders of goods actively shipped, with the rise and the price raised, middlemen looking for low-priced sources, transaction prices tend to be low, some traders are looking for warehouse receipt sources, downstream enterprises purchase on demand, the overall transaction is warmer
than last Friday 。 In the late afternoon, aluminum rose and fell quickly in the month, during the rise period, the middleman inquired positively, the quotation was 310-320 yuan / ton discount to the 1710 contract, and the actual transaction price was only heard 16150-16160 yuan / ton
.
In terms of news, IAI data showed that the average daily production of global primary aluminum outside China in July was flat compared with June
.
The continuous rise in aluminum prices has inhibited downstream consumption and caused inventories to continue to rise
.
At the beginning of the week, the social stock of aluminum ingots climbed to 1.
5 million tons
.
Even so, rising market costs and production restrictions are expected to dominate prices
.
Short-term funds may be affected by regulation, and the price rally is temporarily suppressed, but it is still mainly rising in the medium term
.
Operationally, it is recommended to hold an appropriate amount of long orders and pull back to buy
.
