-
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 14055 yuan / ton in the morning, after the opening of the bears took the initiative to pressure the bulls to close their positions and flee, the low of aluminum prices touched 13950 yuan / ton before the afternoon, and some of the early entry bears left the market in the afternoon, the center of gravity of Shanghai aluminum trading shifted upward, closing at 13985 yuan / ton, the trading volume decreased by 22300 hands to 164190 lots, and the position decreased by 13196 hands to 242952 lots
.
At present, it seems that the pressure of the 20-day line is large, long and short are mainly short-term operations, Shanghai aluminum is difficult to form an effective breakthrough in the short term, it is expected that short-term Shanghai aluminum is still difficult to get rid of the moving average entanglement, maintain range shock
.
In terms of the external market, Lun aluminum opened at 1943.
5 US dollars / ton in the morning, the center of gravity of London aluminum continued to move down, the afternoon low touched 1933.
5 US dollars / ton, the end of the session intended to rise but was resisted by the daily moving average, entering the European trading session, the beginning of the session London aluminum inertia downward, the low recorded 1932.
5 US dollars / ton, and then quickly upward turned red to touch 1947 US dollars / ton, as of 17:12, Lun aluminum reported 1945 US dollars / ton, pay attention to the change in EIA crude oil inventories in the United States last week, In the short term, continue to pay attention to the effectiveness of the 5-day moving average support of
Lun Aluminum.
On the macro front, U.
S
.
stocks rose on Tuesday as investors breathed a sigh of relief after U.
S.
President Donald Trump's budget plan was announced, but poor performance in auto parts stocks dragged down consumer discretionary stocks, curbing gains.
Despite the weak economic data released on Tuesday, investors were relieved
that Trump's first comprehensive budget plan of his presidency announced today was largely in line with expectations.
However, the odds of the plan being approved by the House are low
.
Gold prices were lower on Tuesday as the dollar rebounded from a six-and-a-half-month low and investors were not affected
by heightened political risks following a suicide bombing in Britain.
In the market, the high of aluminum fell back to 13910 yuan / ton
.
Shanghai trading concentrated 13830-13850 yuan / ton, the discount for the month was 90-80 yuan / ton, Wuxi transaction concentrated 13830-13840 yuan / ton, Hangzhou transaction concentrated 13840-13850 yuan / ton
.
Before the Dragon Boat Festival, the willingness of holders to sell at a high price was positive, the activity of traders weakened again, the rise in spot prices suppressed the willingness of downstream enterprises to purchase, and the overall transaction showed a stalemate at both ends of supply and demand
.
In the late afternoon, aluminum fluctuated in a narrow range that month, and the trading volume in East China was concentrated at 13830-13840 yuan / ton, continuing the stalemate before the afternoon
.
Shanghai aluminum main force 1707 contract volatility rise, continue to repeat in the 14000 line within the day, the end of the market closed at 13985, the trend point of view, aluminum prices will continue to fall in the short term, 14000 is the main pressure in the medium term, maintain the idea of shorting
.
