-
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 1702 contract rose slightly to 13130 yuan after the morning open, then fell under pressure, again below 13000 yuan, and then fluctuated between 12970-13060 yuan, a small wave rose to 13100 yuan in the afternoon, and the price fluctuated
in a narrow range of 13100-13120 yuan in the afternoon.
The double doji pattern
is closed today.
At the close, the price closed at 13,110 yuan, up 55 yuan, or 0.
42%.
Externally, the LmeS aluminum 3-month contract edged higher to $1716 this morning, then fell to $1707 under pressure, and then the price rebounded to a narrow range above $1712, a wave of rally made the price stand at $1716, the highest to $1719, and then the price fluctuated
in a narrow range between $1716-$1719.
As of the Asian market close, it closed at $1717, up $5, or 0.
29%.
Market: Today's Shanghai Nonferrous Metals Trading Center (SME) spot aluminum quotation in the morning at 13190-13230 yuan / ton, compared with the previous decline today has shrunk, today down 220 yuan / ton, the premium is B110-B70, with the futures price fell sharply, the spot discount increased
.
The spot aluminum index of the Shanghai Nonferrous Metals Exchange Center was at 13317.
45 points, down 220 points
from the previous session.
Spot aluminum market holders to reduce the price of selling mentality is still maintained, spot aluminum ingot prices continue to fall, due to the recent decline is too large, taking advantage of the news of environmental protection tightening again, afternoon holders began to gradually increase the price of shipments, so that the market turned to premium again, aluminum ingot market downturn but stimulated the recent aluminum rod business recovery
.
It is expected that spot aluminum ingots have strong support of 13,000 yuan / ton in the short term, and there is little room for decline, and it may usher in a rebound
in the short term.
Today's black varieties are fluctuating strongly at a high level, and the trend of non-ferrous metals is weak, but the main force of Shanghai aluminum is against the trend and resists the decline
.
Although Shanghai aluminum continued to be sold in the morning, but with the market rumors that environmental protection high pressure is coming, the cost of aluminum ingots is bound to increase again, and the current cost price of about 13,000 yuan / ton is difficult to fall below in the short term, and the inventory on the market has been digested for a week and a half, and there is a demand for a
price rebound.
The technical level continues to maintain a biased space, Lun aluminum continues to double dead cross today, the lower support moved up to $1707, the current downside space is not open, short-term technical rebound needs
.
