-
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, the trend of non-ferrous metals diverged, copper, zinc and nickel were weak downward, but then stopped falling and stabilized, the key level below the three support utility appeared, the trend of Shanghai aluminum is still strong, and its operating center of gravity has moved
up significantly.
On the macro front, Federal Reserve Chair Janet Yellen said that its economy is quite healthy, the growth rate is moderate, and the monetary policy is neutral; The US Employment Market Conditions Index (LMCI) came in at 0.
4 in March versus 1
expected.
Domestic: China's PPI in March was +7.
6% year-on-year, +7.
5% expected; 2.
China's March exports +16.
4% year-on-year, expected +4.
3%; 3.
China's social financing scale in March was 2.
12 trillion yuan, which is expected to be 1.
5 trillion yuan; new RMB loans were 1.
02 trillion yuan, and it was expected to be 1.
2 trillion yuan
.
Market: On the same day, the spot price of A00# aluminum was 13880 yuan / ton, up 50 yuan / ton from the previous week, and the discount was 140 yuan / ton compared with the near-month contract, the transaction within the week first fell and then rose, the holders maintained a positive shipment attitude at the beginning of the week, the market was empty, the downstream wait-and-see, the low price of aluminum on Thursday stabilized and rebounded, the downstream inquiry was active, the procurement effort increased, due to the close delivery, the discount within the week gradually narrowed
.
News: The government of Changji Prefecture in Xinjiang decided to stop the construction of electrolytic aluminum production capacity projects under construction by three enterprises including Xinjiang Dongfang Hope Nonferrous Metals Co.
, Ltd.
, involving a total annual production capacity of 2 million tons
.
On the whole, Xinjiang Changji stopped the construction of 3 illegal electrolytic aluminum production capacity projects under construction, the prelude to the supply-side reform of electrolytic aluminum began, and the subsequent de-production capacity is expected to accelerate, Shanghai aluminum is boosted, and new ones have entered; In the later market, the overall industrial capacity of aluminum contracted, and the support for the far month was more obvious, and in recent months, affected by the active replenishment of inventory, the enthusiasm for taking goods gradually improved, the discount narrowed, and it also gained support.
