-
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 Thursday, the main 2110 contract of Shanghai aluminum rebounded, with the highest 21490 yuan / ton, the lowest 20910 yuan / ton, and the closing 21460 yuan / ton, up 1.
37% from the closing price of the previous trading day; LME aluminum rushed high and volatile, as of 15:00 Beijing time, 3-month Lun aluminum was reported at $2728 / ton, up 1.
3%
from the previous trading day.
Market focus: (1) The China Automobile Dealers Association released the latest issue of the "Automobile Consumption Index" on September 1: the automobile consumption index in August 2021 was 74.
6, up 15 percentage points from the previous month and down 2 percentage points
from the same period last year.
China's automobile consumer demand is expected to continue to grow
in September.
(2) The number of ADP employment in the United States in August was 374,000, compared with 625,000 expected and 330,000
in the previous month.
Spot analysis: SMM spot A00 aluminum reported 21210-21250 yuan / ton, the average price was 21230 yuan / ton, up 70 yuan
per day.
Changjiang Nonferrous Metal Network reported that the cargo holder is optimistic about the price of shipment, the receiver is actively purchasing, the transaction is acceptable, and the overall transaction atmosphere is more active
.
Warehouse receipt inventory: Shanghai aluminum warehouse receipts totaled 75,044 tons, a daily increase of 299 tons; LME stocks were 1,335,300 tonnes, down 1,550 tonnes
per day.
Main positions: the top 20 longs in the main 2110 contract of Shanghai aluminum held 187,000 lots, a daily decrease of 3,771 lots, a short position of 195646 lots, a daily increase of 1367 lots, a net short position of 8,646 lots, a daily increase of 4,449 lots, short and net short increases, and long positions decreased
.
Market research: The number of ADP employment in the United States continued to improve from the previous month, but the number was less than the market expected, coupled with the slowdown in manufacturing data in Asia and most parts of Europe in August, the market is worried about the prospect of global economic recovery
.
Domestically, the dual control of energy consumption in major producing areas and environmental protection inspectors continue to ferment, and supply disturbances are expected to continue to form strong futures price support
.
At the same time, the latest data show that the domestic electrolytic aluminum social inventory continues to deteriorate, and under the transformation of the supply and demand pattern, the future market aluminum price is still optimistic
.
The risk point is that the relevant domestic departments continue to speak, suppressing commodity speculation, and macro sentiment is relatively unstable
.
In the short term, aluminum prices may be strongly volatile
.
