-
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 Monday, the main 2106 contract of Shanghai aluminum fluctuated at a high level, with the highest 18490 yuan / ton and the lowest 18150 yuan / ton within the day, closing at 18360 yuan / ton, up 0.
03% from the closing price of the previous trading day; In the external market, LME aluminum rose slightly, as of 15:00 Beijing time, 3-month Lun aluminum was reported at 2381.
5 US dollars / ton, up 0.
53%
per day.
Market focus: (1) The preliminary manufacturing PMI of the Eurozone recorded 63.
3 in April, 62.
5 in the previous month, and 62
expected.
The preliminary US manufacturing PMI for April was 60.
6 vs 59.
1
previously.
(2) On April 26, the inventory of electrolytic aluminum in China's main market was 1.
129 million tons, down 14,000 tons from last Thursday and 29,000 tons
from last Monday.
Spot analysis: On April 26, spot A00 aluminum was reported at 18330-18370 yuan / ton, with an average price of 18350 yuan / ton, a daily increase of 140 yuan / ton
.
The source of circulation is tightened, the enthusiasm of large households to receive goods is general, the downstream demand is acceptable, and the overall transaction is average
.
Warehouse receipt inventory: the total amount of Shanghai aluminum warehouse receipts on Monday was 148757 tons, a daily decrease of 1951 tons, a continuous decline of 6 days; On April 23, LME stocks were 1796925 tons, down 5,525 tons per day, down for 11 consecutive days
.
Main positions: the top 20 long positions of Shanghai aluminum main 2106 contract 182398 lots, a daily decrease of 1906 lots, a short position of 196509 lots, a daily decrease of 3414 lots, a net short position of 14111 lots, a daily reduction of 1508 lots, both long and short reduction, net space reduction
.
Market research and judgment: Shanghai aluminum 2106 high volatility on April 26
.
The Eurozone's preliminary April PMI performance was better than expected, indicating that the region's economic recovery is accelerating, the euro has strengthened and the dollar index has come under pressure
.
At present, the domestic electrolytic aluminum plant is basically in a state of full production, the growth space of the operating rate is limited, and under the domestic carbon neutrality goal, as a high-energy-consuming industry, the production capacity and output of electrolytic aluminum will be limited
.
Recently, domestic aluminum ingot inventories have turned into a downward trend, and the traditional consumption season has gradually emerged, which has strong support for aluminum prices
.
Technically, the mainstream short position reduction of the main 2106 contract of Shanghai aluminum is large, focusing on the support of the 10-day moving average, and it is expected that the market volatility will be strong
.
