-
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
This week, Shanghai aluminum was mixed, the overall performance was weak, once fell back to around 18,800 during the session, but it rose again at the end of the day, as of Friday's 3 pm close, the main 2109 contract of Shanghai aluminum closed up at 19360, with a cumulative weekly decline of 0.
56%; Due to the continuous heavy rainfall during the week, many places in Henan experienced waterlogging danger, traffic was seriously blocked, and most enterprises faced the risk of power outages and production stoppages; At the same time, the resurgence of the epidemic in Nanjing has also led to the strengthening of epidemic prevention measures in various regions, and the transportation and arrival volume of East China market have been restricted
.
The overall performance of Lun aluminum this week was weak, and it picked up slightly at the end of the day, and Lun aluminum once fell to around 2410, and as of Friday, the weekly cumulative decline was close to 0.
3%; The Fed did not throw out further policy measures during the week, the market wait-and-see sentiment intensified, and the successive strengthening of the US dollar suppressed the confidence of market bulls, Lun aluminum under pressure pullback, short-term looking at the trend of Lun aluminum or continuation of range shock operation, the overall fluctuation is not large, pay attention to the shock range 2450-2530 range
.
In terms of the market, the market is unstable and confidence is insufficient, the activity of traders is reduced, downstream enterprises are heavier due to orders and prices, and the overall market transaction is limited
.
East China, the dollar rose, electrolytic aluminum a new round of storage again, and policy control, the beginning of the week aluminum prices fell sharply, East China spot aluminum fell to around 19,000, and then in the supply side support, rebounded, pulled back part of the decline, as of Friday, East China spot aluminum prices between 19310-19350 yuan / ton, down 80 yuan / ton
from last Friday.
In South China, as of Friday, the price of Foshan Nanhai aluminum ingot tickets was between 19630-19730 yuan / ton, down 80 yuan / ton from last Friday; The market is abundant, and under the influence of the off-season, downstream enterprises just need to replenish the stock at the bottom
.
Overall, the supply-side interference intensified to the follow-up aluminum price support is still strong, although the next stage of the reserve has been announced, but the impact on the market is small, short-term aluminum prices or high operation, follow-up recommendations continue to pay attention to the country's further regulatory measures, Shanghai aluminum main focus on 1.
88-1.
95 million range shock, above 20,000 pressure is still large, short-term or difficult to break through, after the market sentiment gradually stabilized, aluminum prices still have the possibility
of another correction.
