-
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
Last week, Shanghai aluminum continued last week's rally, with a cumulative weekly increase of 0.
81%; The trend of Shanghai aluminum in the week is still quite firm, the overall bullish atmosphere of the market is strong, and the aluminum price is still in a situation where it is easy to rise and fall in a short period of time; At present, domestic downstream demand remains strong, although the production capacity of aluminum enterprises is still accelerating the release, but the market supply and demand can still maintain a balance, the fundamentals are better under the aluminum price or continue to be high and strong shock, spot next step can pay attention to the breakthrough of 16,500, the upper pressure temporarily looks at 17,000, it is expected that next week spot aluminum will continue to run at a high level
.
In terms of external trading, the trend of London aluminum gradually stabilized last week, showing a slight decline compared with the previous week, but the overall is still at a high level, with a cumulative weekly decline of about 0.
43%; As the good news such as Biden's victory in the early stage is gradually digested, the market began to enter a wait-and-see situation waiting for the announcement of a new round of policies, Lun aluminum also fell into a range shock pattern, repeatedly tested the $2,000 mark, intraday breakthrough but failed to effectively stand, but at present, the global manufacturing data performance is bright to the price still has some support, short-term London aluminum or maintain high volatility, the follow-up can continue to pay attention to macro policy guidance, London aluminum focus on 1960-2040 range fluctuations
.
In East China, the market circulation supply is tight, the price of holders is firm, and the demand of downstream enterprises in the off-season is not light, orders are acceptable, coupled with the continuous decline in electrolytic aluminum inventory, aluminum prices continued to rise this week, and continued to move up after breaking through the 16,000 mark in one fell swoop, the highest rose to 16,350 yuan / ton; As of Friday, the spot aluminum price in East China was between 16310-16350 yuan / ton, up 400 yuan / ton from last Friday, and the spot premium was 140 yuan / ton
.
In terms of market transactions: the price of holders is firm, the market supply has tightened compared with last week, the price has repeatedly reached new highs, traders are more cautious in receiving goods, worried about the price decline, downstream enterprises just need to buy, and the overall market transaction is
acceptable.
In South China, as of Friday, the price of Foshan Nanhai aluminum ingots with tickets was between 16,700-16,800 yuan / ton, up 400 yuan / ton from last Friday; The price does not rise, downstream enterprises and traders are more afraid of heights, more cautious in entering the market, and the overall market is general
.
Shanghai aluminum continued the previous week's rally during the week, with a cumulative weekly increase of 0.
81%; In a short period of time, aluminum prices are still prone to rise and fall; At present, domestic downstream demand remains strong, although the production capacity of aluminum enterprises is still accelerating the release, but the market supply and demand can still maintain a balance, the fundamentals are better aluminum prices or continue to be high and strong shocks
.
