-
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 Thursday, the Shanghai aluminum main month 1809 contract opened at 14370 yuan, the intraday high of 14410 yuan and the low of 14255 yuan, and closed at 14330 at the end, down 70 yuan / ton
from the previous trading day.
Externally, the trade war continues to be hot, market worries remain, Lun aluminum fell slightly, and the support below focused on $
2,000.
At 15:53 Beijing time, LME 3-month aluminum was $2,062, down $2 from the previous session
.
In terms of the market, the spot trading price of Yangtze River was 14110-14150 yuan / ton, down 100 yuan / ton; Guangdong South Reserve reported 14230-14330 yuan / ton, down 60 yuan / ton; Hua reported 14230-14250 yuan / ton, down 80 yuan / ton; The average domestic spot trading price is between
14120-14160 yuan / ton.
Intraday aluminum fell sharply, holders shipped actively, middlemen stocked up, and market transactions picked up
.
In terms of news, on July 25, the Ministry of Industry and Information Technology of the People's Republic of China issued a notice
on issuing a three-year action plan for resolutely fighting pollution prevention and control in the industrial and communications industries.
It is strictly forbidden to add new production capacity
such as steel, cement, flat glass, coking, electrolytic aluminum, and casting in key areas.
For high-emission industries such as steel, building materials, coking, casting, electrolytic aluminum, and chemical industry, all localities scientifically formulate peak-shifting production plans and implement differentiated management
.
On the macro front, the marginal easing of monetary and fiscal policies is conducive to easing market pessimism, giving the market some confidence, and domestic demand is expected to improve
.
In terms of fundamentals, the three-year action plan issued by the Ministry of Industry and Information Technology shows that the new production capacity of electrolytic aluminum in some regions has been suppressed, and the peak shift production of electrolytic aluminum will also affect the output, boosting the strength of aluminum prices, reflecting the rise in the center of gravity of Shanghai aluminum on the plate
.
However, due to the current off-season of consumption, prices are close to the upper pressure area, and aluminum prices may face the pressure
of industrial hedging in the short term.
