-
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 Tuesday, the main 1912 contract of Shanghai aluminum opened at 13910 yuan / ton
in the morning.
After the opening, the bulls closed their positions and left the market, Shanghai aluminum weakened rapidly, the low touched 13810 yuan / ton, the low led to short profits to leave the market, Shanghai aluminum maintained a low level of shock, and Shanghai aluminum closed at 13815 yuan / ton
at the end of the session.
In terms of external trading, Lun aluminum opened at 1779.
5 US dollars / ton
in the morning.
During the Asian session, Lun aluminum tried to repair the previous day's decline, the afternoon high touched 1786 US dollars / ton after the upward movement was blocked, Shanghai aluminum shock operation, as of 15:00 Lun aluminum reported 1781 US dollars / ton, almost erasing the day's gains
.
After entering the European session, Lun aluminum continued the previous day's weakness, rapidly falling, LME inventory reported an increase of 1625 tons of aluminum, Lun aluminum touched 1768 US dollars / ton several lows, as of 18:12 Lun aluminum reported an intraday low of 1768 US dollars / ton
.
In the spot market, aluminum futures leaked sharply before the noon of the month, and maintained a narrow range in the second trading stage
.
In the morning, the spot quotation in Shanghai and Wuxi market was between 13850-13880 yuan / ton, a small amount of transactions, with the market guidance price open, the quotation of the two places began to concentrate between 13910-13930 yuan / ton, down nearly 120 yuan / ton from the previous day's price, the current month's plate discount between 140 to 120 yuan / ton, Hangzhou spot price between 13930-13950 yuan / ton
.
Intraday cargo holders shipped fairly, middlemen received goods at low prices were more positive, both sides traded actively, and the transaction was good
.
Due to the sharp decline in prices, the downstream receiving state has improved significantly compared with previous days, and procurement has increased, but there are also some merchants who are still waiting and waiting because they are weak about the future market
.
In the late afternoon, aluminum maintained range fluctuations, market holders quoted between 13930-13940 yuan / ton, the opposite plate discount around 130 yuan / ton, traders in the afternoon transaction light, downstream a small number of just need to receive goods
.
When the tariff issue reversed, the decline in inventory narrowed sharply, and the macro and fundamental bearish sentiment was released in a concentrated manner, and the bulls concentrated on profit exit
.
In addition, due to the imminent delivery, the entire short force continues to move back, and the spread between the 1912 contract and the subsequent far-month contract is still likely to
widen.
It is expected that Shanghai aluminum will remain weak, and gradually touch the position
of 13,700 yuan / ton before delivery.
