-
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
Overnight, the main force of Shanghai aluminum 2207 closed at 20830 down 5, LME aluminum closed at 2786.
5 down 2.
5; macro aspect, Biden vowed to give Fed Chairman Powell "space" to let him fight inflation, market risk aversion rebounded, and the dollar stabilized and rebounded; The vehicle purchase tax will be halved, and the CAAM expects the increase to exceed 2 million units
.
In terms of fundamentals, the supply side has maintained a high level due to considerable profits, social inventories have gradually declined, and the full resumption of work and production in Shanghai will repair the problem of "lack of materials" in the relevant industrial chain and drive downstream consumption recovery
.
Cost side: With the rebound of aluminum prices for two consecutive weeks, the profits of production enterprises have rebounded
again.
At present, the expected speculation of demand has been digested by the market, and the actual realization of subsequent consumption has become the direction of
market prices.
Overseas, the Fed's interest rate hike was strongly supported by the Biden administration, the US dollar strengthened again, the domestic epidemic entered the end, the economy recovered, and the policy support was strong; Fundamentally, the impact of the spot trade market is still continuing, with new and resumed production capacity increasing and supply increasing, but internal and external inventories are low, and supply concerns remain.
It is expected that aluminum prices will maintain a volatile trend
in the near future.
