-
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 month 2012 contract opened at 14750 yuan / ton, the highest intraday 14870 yuan / ton, the lowest 14710 yuan / ton, settled 14790 yuan / ton, and closed at 14850 yuan / ton, up 65 yuan
.
Today's Shanghai aluminum shock is strong, the growth rate of electrolytic aluminum supply is lower than expected, social inventory is declining and the overall is still at a low level, and aluminum prices are fluctuating
at a high level.
In the external market, today's Lun aluminum fluctuated at a low level, and the LME three-month aluminum Beijing time was reported at 1901.
5 US dollars / ton at 15:00, down 7 US dollars, or 0.
37%,
from the settlement price of the previous trading day.
In terms of the market, today's spot trading price of Yangtze River was 15050-15090 yuan / ton, down 20 yuan; Guangdong South Reserve reported 14940-15000 yuan / ton, up 20 yuan; Hua reported 15170-15190 yuan / ton, down 10 yuan
.
Cargo holders shipped positively, supply tightened, downstream fears of heights, and transaction activity decreased
slightly.
In terms of fundamentals, with the peak season after downstream consumption or ushered in a gradual cooling, but the fourth quarter consumption is still generally supported, in addition to the increase trend of supply is also worth paying attention to, it is expected that aluminum prices continue to maintain a pattern of near strength and far weakness, the medium-term rally slows down, and may gradually return to shock.
In terms of exports, exports of unwrought aluminum and aluminum products resumed net exports in September, and the recovery of demand in Europe and the United States was the main reason, but considering the repeated epidemic in Europe and the United States and the current internal and external ratio is still at a high level, the pace of subsequent improvement is more cautious
.
On the supply side, there are still new production capacity in Yunnan, and the supply pressure continues
.
With the further decline of inventory and the continuous decline of warehouse receipts, the market once again set off the possibility of "forced positions", aluminum prices rose sharply, once again rushed to 10,000, it is too early to deliver the date, and the possibility of continuing to rush higher in
the future.
In addition, the election results will be announced within the day, and the volatility will increase, and it is recommended to be cautious and wait-and-see
.
