-
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 2110 contract of Shanghai aluminum fluctuated strongly, with the highest 21845 yuan / ton, the lowest 21620 yuan / ton, and the closing 21730 yuan / ton, up 0.
44% from the closing price of the previous trading day; LME aluminum rushed back down, as of 15:00 Beijing time, 3-month Lun aluminum was reported at $2763 / ton, down 0.
16%
from the previous trading day.
Market focus: (1) Mysteel News: China's primary aluminum production in August 2021 was 3.
273 million tons, a year-on-year increase of 2.
97%.
The daily output of the month was 105,600 tons, a significant decrease
from July.
Spot analysis: SMM spot A00 aluminum reported 21690-21730 yuan / ton, the average price was 21710 yuan / ton, up 30 yuan
per day.
Changjiang Nonferrous Metal Network reported that the cargo holder shipped normally, the receiver purchased on demand, the transaction situation was good, the enthusiasm of large households to receive goods was average, and the overall transaction was light
.
Warehouse receipt inventory: Shanghai aluminum warehouse receipts totaled 78,382 tons, an increase of 1,948 tons per day; LME stocks were 1333625 tonnes, down 7,375 tonnes
per day.
Main positions: the top 20 long positions of Shanghai aluminum 2110 contract held 165937 lots, minus 6330 lots per day, 185259 short positions were reduced by 7313 lots, net short positions were 19322 lots, minus 677 lots per day, and both long and short positions were reduced
.
Market Analysis: The Federal Reserve will release its Beige Book on Wednesday, and investors will look for clues
to inflationary pressures and tight labor markets.
In addition, the announcement by Guinea's "regime change" leaders to dissolve the government, suspend the constitution and close the border may spur the cost of alumina to move further up
.
Domestically, the dual control of energy consumption in major producing areas and environmental protection inspectors continued to ferment, and supply disturbances continued to form strong futures price support
.
At the same time, the latest data show that the domestic electrolytic aluminum social inventory continues to deteriorate, and under the transformation of the supply and demand pattern, the future market aluminum price is still optimistic
.
