-
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 1702 oscillation sorting, the decline slowed down significantly, intraday trading at 12715-12530 yuan / ton, the end of the day closed at 12665 yuan / ton, a slight increase of 0.
28%.
At the same time, the term structure of the aluminum market changed to a positive arrangement of near, low and far high, and the positive price difference between Shanghai aluminum 1701 and 1702 contracts narrowed to 10 yuan / ton, indicating that the willingness of forward contracts to decline climbed
.
External trend: Asian market Lun aluminum oscillation slightly rose, of which 3 months Lun aluminum slightly rose 0.
06% to 1710 US dollars / ton, still effectively stabilized above M60, its upper rebound resistance focus on 1760 US dollars / ton, short-term technical form performance is stronger than Shanghai aluminum, Lun aluminum operating range focus on 1700-1760 US dollars / ton
.
On the macro front: the Asian dollar index oscillated higher to 103.
3, and the preliminary Markit services PMI in the United States came in at 53.
4 in December, down from 54.
6 in November, but still above
the 50-boom-dry dividing line.
In addition, the year is approaching, domestic liquidity is tightening, market panic is rising, and commodity markets are under pressure to decline
.
Aluminum industry news, Macquarie on Monday expected that the average price of aluminum in 2017 is expected to be $1,600 per tonne, up 11.
3% from the previous forecast; In 2018, it was US$1,494 per tonne, up 4.
8%
from the previous forecast.
In terms of market: on December 20, Shanghai trading concentrated 12720-12740 yuan / ton, the monthly premium was 70-80 yuan / ton, Wuxi transaction concentration was 12720-12740 yuan / ton, Hangzhou transaction concentration was 12730-12760 yuan / ton
.
Holders continue to control goods and raise prices, and the recent sharp decline, downstream enterprises have successively received goods to arrange postponed orders in the early stage of production, the willingness to receive goods has increased, middlemen are actively willing to take goods at low prices, and the overall transaction is more active
than yesterday.
Spot premium maintenance stability delays spot decline
.
Intraday Shanghai aluminum 1702 contract oscillation stabilized to 12665 yuan / ton, performance resistance to other base metals, because aluminum prices continue to decline after the demand, especially below 12500 yuan to show strong technical support, operationally, it is recommended that Shanghai aluminum 1702 contract can be sold high between 12500-12850 yuan, stop loss 100 yuan / ton
.
