-
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
Yesterday, the domestic and foreign aluminum markets softened, Shanghai aluminum opened at 12210 yuan / ton, and the morning price fell sharply by about 150 yuan / ton
.
In the afternoon, Shanghai aluminum briefly traded sideways around 12,055 yuan / ton, then fell again to touch 12,000 yuan / ton, and then rebounded slightly to close at 12,065 yuan / ton
.
Lun aluminum opened at 1555.
5 US dollars / ton, in a wave pattern throughout the day, and the center of gravity was slightly downward, closing at 1543 US dollars / ton
.
On the macro front, the preliminary value of the US markit manufacturing PMI in May was 50.
5, the lowest since October 2009, 51 expected; the preliminary PMI of the service industry was 51.
2, 53 expected, and the previous value was 52.
8; The composite PMI was 50.
8 preliminary and 52.
4
previously.
Domestically, the front page of the Economic Information Daily commented that in order to effectively guide social funds to get out of the void, it is necessary to effectively curb the excessive rise in the price of residential and other assets, reduce barriers to private investment, provide preferential fiscal and tax financial policies, and create a social business and industrial atmosphere; Xinhua News Agency said that financial leverage will not only give birth to real estate market bubbles, amplify financial risks, but also lead to "blood loss" and "hollowing"
of the real economy.
The two authoritative media spoke out to bombard the real estate industry, or herald a change
in the direction of national policies.
In terms of the market, the spot price in the East China market was firm, and the sharp decline in aluminum in the subsequent period led to a sudden rise in spot premium, and the wait-and-see mood in the market was unprecedented
.
The supply of goods in South China is still tight compared with East China, and the trading in the market is acceptable
.
Nanchu East China aluminum ingot quotation 12210-12250 yuan, the average price of 12230 yuan, down 180 yuan
from the previous trading day.
The price of South China aluminum ingots was 12420-12520 yuan, with an average price of 12470 yuan, down 140 yuan
from the previous trading day.
In terms of industry, an electrolytic aluminum plant in Shanxi has started electrolytic cells on the 19th and resumed production of 120,000 tons of electrolytic aluminum projects
.
The plant has a designed annual production capacity of 220,000 tons and is now operating at 90,000 tons
.
An alumina plant in Henan began to resume production of 600,000 tons on the 15th, and the plant currently has an operating capacity of 800,000 tons and a designed annual production capacity of 1.
4 million tons
.
To sum up, the domestic aluminum market closed negative
this week.
There is no good news on the demand side, and with the passage of time, the early resumption of production capacity is about to release output, which may have a greater impact
on the market.
It is recommended that investors maintain a wait-and-see, short-term short thinking operation, fast forward and fast out
.
