-
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
Market review, Shanghai aluminum stopped falling and stabilized, Shanghai aluminum 1905 contract traded at 13465-13535 yuan / ton, closed at 13510 yuan / ton, up 0.
19%
daily.
In the external market, as of 15:33, the three-month Lun aluminum was reported at 1862.
00 US dollars / ton, down 0.
05%
on the day.
In terms of industry, customs data show that China's exports of unwrought aluminum and aluminum products in February 2019 were 343,000 tons, down 7.
7% year-on-year, and the cumulative exports from January to February 2019 were 896,000 tons, an increase of 9.
7% year-on-year, mainly due to the contribution
in January.
In terms of the market, the transaction price in Shanghai is between 13640-13650 yuan / ton, the discount for the month is between 40-20 yuan / ton, the transaction price is 30 yuan / ton higher than yesterday, the transaction price in Wuxi is between 13640-13650 yuan / ton, and the transaction price in Hangzhou is between
13630-13650 yuan / ton.
Intraday Chalco plans to purchase several wireless products in East China
.
The market supply is sufficient, because the structure of aluminum back has not changed, and the shippers' shipments are still positive
.
Traders and intermediaries are actively trading with each other, and downstream manufacturers are more willing to receive goods near the weekend
.
The overall transaction in East China is good
.
In terms of inventories, LME aluminum stocks were 1,229,000 tons on March 07, down 5,900 tons from the previous session; As of March 1, 2019, electrolytic aluminum stocks on the Shanghai Futures Exchange were 747,012 tons, an increase of 10,332 tons
from the previous week.
From a seasonal perspective, current inventories remain at a high level
compared to the past five years.
Shanghai aluminum stopped falling and stabilized during the day, because aluminum prices were at a mid-week low, and downstream manufacturers were more willing to receive goods near the weekend, and the market transaction performance was positive
.
Technically, the Shanghai aluminum 1905 contract is still under pressure on the middle band of the Bollinger band, but the opening is tightening, and the short-term aluminum price may be in an adjustment trend
.
Operationally, it is recommended that the Shanghai aluminum 1905 contract can consider selling high and low between 13400-13700 yuan / ton, and the stop loss is 100 yuan / ton
each.
