-
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
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Monday, the main contract of Shanghai aluminum opened at 13860 yuan / ton in the morning, the morning market showed first and then up, the opening bulls concentrated on leaving the market, the price once fell to 13830 yuan / ton, the short position closed at a low level, the price rebounded up to 13910 yuan / ton, and closed at 13880 yuan / ton in the morning after a slight correction; In the afternoon, the high pullback was mainly based, and the downward revision mainly came from the long position reduction, and the closing price was finally reported at 13835 yuan / ton, showing a trend of rushing back down throughout the day, forming a meteor line, down 5 yuan / ton from the previous day, down 0.
04%.
In terms of external trading, Lun aluminum opened at 1866 US dollars / ton in the morning, the Asian trading session was weak, under pressure of 1865 US dollars / ton, tested down to 1855.
5 US dollars / ton, European trading session, the low rose to the highest 1868 US dollars / ton, as of 17:09 Beijing time The market price was 1865 US dollars / ton, up 1 US dollars / ton
from the previous day.
The US dollar index has pulled back for two consecutive days, and the performance of London Aluminum has stopped falling and stabilized, but overseas economic growth and consumption expectations have not improved significantly, and the upside of London Aluminum is limited
.
In terms of the market, the first trading stage of the month was mainly range-bound, and the second trading stage pulled up
.
The first trading stage of the market transaction price is between 13830-13840 yuan / ton, and then the aluminum price rises, the spot price Shanghai transaction price began to concentrate between 13850-13860 yuan / ton, the flat water of the month to 10 yuan / ton, an increase of more than 20 yuan / ton from the previous day, Wuxi transaction price between 13850-13860 yuan / ton, Hangzhou transaction price between 13850-13870 yuan / ton
.
The intraday market is more abundant, but the monthly difference has widened slightly due to the approaching delivery date, and traders have significantly increased compared with last week, and trading with each other is active
.
The downstream is still dominated by on-demand procurement, and the receipt of goods is flat
.
In the late afternoon, aluminum maintained range fluctuations, sinking at the end of the day, a small number of transactions in the market, the price was concentrated around 13850-13860 yuan / ton, and the premium of the month was around 10 yuan / ton, only a small number of transactions between traders
.
Domestic smelting supply capacity is gradually rising, electrolytic aluminum profits are repairing after the heating season, supply release pressure is still large, and the speed of destocking in the peak season in April is slowing down
year-on-year.
However, after the tax reduction landed, the spot maintained the premium, which was inconsistent with the previous market expectation of demand, it is reported that because large households oversold long orders to support the spot premium, so it is expected that the spot premium is not sustainable, and it is expected that aluminum prices will maintain a downward trend
after a brief rebound.
