-
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, base metals generally fell, showing that aluminum prices weakened, short funds entered positively, Shanghai aluminum volatility weakened, intraday trading at 14015-14300 yuan / ton, the end of the day closed at 14140 yuan / ton, down 1.
12%
on the day.
In the external market, as of 15:37 Beijing time, the 3-month Lun aluminum was reported at 2015.
5 US dollars / ton, down 0.
4% on the day, and the lower support focused on 2000 US dollars / ton
.
In terms of the market, the spot price of Shanghai aluminum was concentrated at 14080-14100 yuan / ton, the discount for the month was 60-50 yuan / ton, the Wuxi transaction concentration was 14080-14100 yuan / ton, and the Hangzhou transaction concentration was 14110-14130 yuan / ton
.
The shipper's attitude to intraday shipments is still relatively positive, but the overall willingness to receive goods downstream is not strong, and the overall transaction is flat
.
On the news front, the Asian dollar index is volatile and strong, now trading around 95.
730, due to hawkish comments in the Fed minutes, all members agree that the September rate hike is reasonable, and there will be further gradual rate hikes, which greatly stimulated the strong trend
of the dollar index.
In terms of industry, a report released by the World Bureau of Metal Statistics (WBMS) on Wednesday showed that the global primary aluminum market had a supply shortage of 643,000 tons from January to August 2018, an increase
from 302,000 tons in January to July.
In August 2018, global primary aluminum production was 5.
1342 million tons, and consumption was 5.
2628 million tons
.
Shanghai aluminum volatility weakened during the day, affected by the strengthening of the US dollar index, non-ferrous metals generally fell, and aluminum prices were also in a relatively weak situation
.
On the technical side, the futures price fell back, and the intraday once again tested the 14,000 yuan / ton integer mark, but it was strongly supported, and the futures price rebounded slightly, and it is expected that it will be difficult to change the shock pattern
in the short term.
Operationally, it is recommended that the Shanghai-aluminum 1812 contract can consider selling high and low between 14,000-14,300 yuan / ton, and stop loss 100 yuan / ton
.
