-
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 1701 wide oscillation, operating range of 14350-13820 yuan / ton, the end of the close at 14075 yuan / ton, a slight daily decline of 0.
18%, weaker than other base metals, but the daily closing price is close to the high set on November 14 this year
.
At the same time, the term structure of the aluminum market maintained a negative arrangement of near high and far low, and the negative spread between Shanghai aluminum 1612 and 1701 contracts narrowed to 330 yuan / ton, indicating that the decline resistance of the near-month contract declined
.
Externally: Asian Lun aluminum weak oscillation, of which 3-month Lun aluminum slightly fell 0.
25% to 1773 US dollars / ton, its upper rebound resistance moved up to 1800 US dollars / ton, short-term technical form performance is weaker than Shanghai aluminum, because the strengthening of the US dollar on Lun aluminum more than Shanghai aluminum, short-term Lun aluminum operating range focus on 1700-1800 US dollars / ton
.
Macro: The Asian dollar index extended its rally and is now trading around 101.
84 on stronger-than-expected
U.
S.
manufacturing data.
The preliminary U.
S.
durable goods orders rose 4.
8% m/m in October, the highest since October 2015, and the data boosted expectations of a Fed rate hike in December, which is now expected to be 100%.
Aluminum industry information, customs data showed that China's aluminum exports in October increased by 6.
6% year-on-year to 350,000 tons
.
In terms of market: on November 24, Shanghai trading concentrated 14890-14910 yuan / ton, the monthly premium was 250-370 yuan / ton, Wuxi transaction concentrated 14880-14910 yuan / ton, Hangzhou transaction concentrated 14910-14940 yuan / ton
.
Aluminum price supply situation and other metal strong on the future aluminum contradiction impact, holders such as walking on thin ice, dare not retain inventory, cash exchange willingness to maintain positive, spot quotation with plate fluctuations and adjustment, intraday price adjustment frequency is very high, middlemen cautious operation, try to shoot as quickly as possible, compress the retention time, downstream maintenance production on-demand procurement
.
The aluminum period fluctuated violently, and the market was cautious and wait-and-see in a strong atmosphere
.
The Shanghai aluminum 1701 contract oscillated to 14075 yuan / ton during the day, which was worse than other base metals, as the market gradually digested short-term positive factors, and the aluminum market supply pressure concerns were rekindled
.
In terms of operation, it is recommended that the short-term operation of the Shanghai-aluminum 1701 contract needs to be cautious, which can be turned into range oscillation, and the operating range is 13800-14300 yuan / ton, and the stop loss is 150 yuan / ton
each.
