-
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, the main force of Shanghai aluminum opened at 12565 yuan / ton in the morning, the price of aluminum fluctuated in a narrow range under the long and short game at the beginning of the session, and then the surrounding metals were driven by funds to rise sharply, Shanghai aluminum was affected by this rapid climb, the high touched 12725 yuan / ton, short-term bulls took profits in the afternoon, a small number of bears took advantage of the trend to enter, Shanghai aluminum fell slightly to close at 12655 yuan / ton
.
In foreign countries, London aluminum opened flat at 1675 US dollars / ton in the morning, the US dollar weakened during the Asian session, commodities have risen strongly, Lun aluminum followed by the trading center of gravity continued to move up, the afternoon high recorded 1688 US dollars / ton, refreshing the previous high, entering the European trading session, the dollar turned red, Lun aluminum high fell, long and short around the daily moving average to fight, as of 17:30 Lun aluminum pullback at 1676 US dollars / ton
.
In terms of the market, aluminum futures fluctuated around the daily moving average before noon of the month, Shanghai trading concentrated 13010-13030 yuan / ton, for the flat water of the month, Wuxi trading concentrated 13000-13020 yuan / ton, Hangzhou trading concentrated 13010-13020 yuan / ton
.
Approaching the change of month, the price difference of the next month is nearly 200 yuan / ton, before delivery, the holder is eager to exchange cash, active shipment, spot premium fell sharply, other metals have risen sharply, aluminum prices rose weakly, middlemen and downstream wait-and-see sentiment gradually strengthened
.
In the late afternoon, aluminum was sorted out at a high level, and a small amount of market transactions were concentrated at 13,080 yuan / ton
.
At present, due to the strengthening of China's expectations of further easing and easing, the abundance of market capital or continue to boost the trend of base metals, coupled with the speculation of the South China Sea incident, base metals are driven by funds to soar wildly, but Shanghai aluminum in a feverish atmosphere stagnation and decline, only slightly higher during the day, it is expected that the upside of aluminum prices in the short term is limited, and the market may maintain a volatile pattern
.
