-
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 Tuesday, the main contract of Shanghai aluminum 1809 oscillated around 14200 yuan / ton, closing at 14185 yuan / ton, up slightly 0.
14% on the day, intraday trading at 14230-14130 yuan / ton, rebounding more than 1.
6%
from a more than three-month low of 13940 yuan / ton set last week.
In terms of term structure, Shanghai aluminum continued the positive arrangement of near, low, far and high, of which the positive price difference between Shanghai aluminum 1808 contract and 1809 contract slightly widened to 75 yuan / ton
.
In terms of external disk, Asian Lun aluminum rushed back down, of which as of 15:53 Beijing time, 3-month LME aluminum reported 2103 US dollars / ton, basically the same as the previous day, the current Lun aluminum is still effectively running under the main moving average group, showing that the upper selling pressure is heavier, its lower technical support focuses on 2050 US dollars / ton, last week Lun aluminum fell 2.
13%, the same period London copper fell 4.
69%.
In terms of the market, on July 10, Shanghai aluminum trading concentrated 13980-14000 yuan / ton, the discount for the month was 30-20 yuan / ton, Wuxi transaction concentration was 13980-14000 yuan / ton, Hangzhou transaction concentration was 14000-14020 yuan / ton
.
Cargo holders shipped steadily, discounted recycling, middlemen weakened to receive goods, some enterprises with wrong prices in the early stage made up inventory, downstream enterprises' consumption became weaker, and the overall purchasing intensity under on-demand procurement weakened in July, and the overall transaction fell
from the previous day.
On the macro front, the Asian dollar index oscillated slightly and is now trading around
94.
13.
China's June CPI rose 1.
9% year-on-year, and PPI rose 4.
7% year-on-year, a new high for the year, higher than the expected 4.
5% and the previous value of 4.
1%, indicating a slight improvement in demand for downstream industrial products
.
In terms of industry, recently, the Liaoning Provincial Commission of Industry and Information Technology announced that Henan Yugang Longquan Aluminum replaced 322,500 tons of electrolytic aluminum production capacity to its joint venture Liaoning Yingkou Xintai Aluminum Co.
, Ltd.
, the company completed the replacement of 322,500 tons of production capacity, there is still a capacity gap
of 137,500 tons.
During the day, the Shanghai aluminum 1809 oscillation rebounded to 14185 yuan / ton, which was much stronger than Shanghai copper and Shanghai nickel
.
Recently, Shanghai aluminum inventories have decreased significantly, which is conducive to the rebound
of aluminum prices.
It is recommended that the Shanghai aluminum 1809 contract can be sold high and low between 14100-14300 yuan / ton, and the stop loss is 100 yuan / ton
each.
