-
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 Friday, Shanghai aluminum opened at 14230 yuan / ton in the morning, after the opening of the bears actively pressured, aluminum prices fell rapidly low to touch 14150 yuan / ton, low bulls took the initiative to enter the protective market, push up Shanghai aluminum repair decline, afternoon bulls even expanded the scale of entry to pull aluminum prices up sharply once turned red and touched 14260 yuan / ton, and then the long and short game under the Shanghai aluminum wide range shock closed at 14225 yuan / ton
。 Although the average line below Shanghai aluminum is strongly supported, but need to be wary of high short selling, Shanghai aluminum running platform moving, long and short game increasingly intense, under the background of capacity policy, it is expected that the main contract of Shanghai aluminum will remain high and volatile, next week or will run at 14100 ~ 14350 yuan / ton
.
In terms of the external market, Lun aluminum opened at 1940 US dollars / ton in the morning, the Asian market before the afternoon London aluminum trend is light, weak hanging at the daily moving average narrow range oscillation, afternoon rush to 1945.
5 US dollars / ton after falling back to the daily average near the oscillation, then down to 1938 US dollars / ton, into the European trading session, Lun aluminum low rise, as of 18:30, Lun aluminum reported 1933 US dollars / ton, down 7 US dollars / ton, pay attention to the US non-farm data and the Federal Reserve's semi-annual monetary policy report, Lun aluminum high pressure is difficult to break through
。
In terms of the market, aluminum fell before noon of the month
.
Shanghai transaction concentration 13890-13910 yuan / ton, the discount for the month is 120-110 yuan / ton, Wuxi transaction concentration is 13890-13910 yuan / ton, Hangzhou transaction concentration is 13890-13910 yuan / ton
.
Holders of normal shipments, next week will enter the delivery cycle, middlemen believe that the discount will narrow, the willingness to receive goods positive, this week spot prices fell for the first time, and on Friday, downstream enterprises under the demand for procurement willingness to increase, the overall transaction warmed up compared with yesterday
.
Aluminum rose sharply to 14,080 yuan / ton in the afternoon of the month, and the high level fluctuated, and the transaction price in East China moved up to 13940-13960 yuan / ton, and the transaction was more active
.
On the news front, oil prices edged higher on Thursday, well below session highs, after U.
S.
crude and gasoline inventories fell much more than expected, boosting a brief surge
in oil prices.
Oil prices have failed to sustain their rally for more than a few weeks as investors become increasingly concerned
about the ongoing glut in global crude supply.
Gold prices retreated on Thursday but remained hovering above two-month lows hit yesterday as weaker-than-expected private employment data made the market more cautious about the prospect of further U.
S.
interest rate hikes this year and Treasury yields firm.
LME three-month aluminium rose 0.
8 percent to $
1,944 a tonne.
During the day, the main 1709 contract of Shanghai aluminum fluctuated in a narrow range, the tail market closed at 14225, the price rose after the consolidation of the 14000 line, the momentum is up, the short-term will rise, the rebound sees around 14500, light positions to do long ideas, intraday there is a sharp fall can continue to take back long orders
.
