-
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 Friday, the night market outside the aluminum market under pressure decline, of which 3 months Lun aluminum slightly fell 0.
61% to 1716 US dollars / ton, the performance is weaker than other base metals, the current Lun aluminum fell into a high oscillation finishing for nearly four trading days, showing that the high rise is weak, the upper rebound resistance focuses on 1800 US dollars / ton, short-term still need to continue to be vigilant after the technical pullback demand
after continuing to rise.
Industry information: According to data from the US Department of Commerce, the United States imported 195886 tons of unprocessed aluminum in September, imported 1618218 tons from January to September, and exported 59,761 tons
.
Market: On November 4, Shanghai aluminum trading concentrated 14230-14250 yuan / ton, and the premium for the month was 330-350 yuan / ton
.
With the coming of the weekend, the receiving efforts of downstream enterprises picked up, and the activity of middlemen increased, pushing up spot prices slightly; Wuxi's circulating supply is still abundant, and the downstream stocking demand has rebounded over the weekend; Hangzhou's circulating supply continues to be tight, the market is difficult to find a source of goods, pushing up the spot price 100 yuan / ton higher than Wuxi, resulting in some downstream enterprises in Hangzhou purchasing from Wuxi, Shanghai and other places, but most enterprises still hope to purchase directly from Hangzhou, eliminating the need to arrange transportation vehicles and other links, thereby supporting the high spot price in Hangzhou
.
Stocks: LME aluminium stocks were 2131075 tonnes as of Nov.
4, down 12,425 tonnes from last week, and were close to the low of 2068925 tonnes set on Dec.
18, 2008; In the same period, the aluminum inventory in the previous period reported 97,561 tons, a sharp increase of 11,847 tons, a four-week increase, but far lower than the average inventory value of 233,000 tons during the year, and close to the low point of 83,775 tons
in the year.
Last Friday's night market weakly sorted out to 13290 yuan / ton, weaker than other base metals, as the risk of a high correction has increased
after aluminum prices continue to rise.
However, in the past two days, Shanghai aluminum has fallen by 6.
79% from the high point of this round of rebound, and the decline rate may slow down
during the day.
In terms of operation, it is recommended that the Shanghai-aluminum 1701 contract can be sold high and low between 13150-13450 yuan, and the stop loss is 100 yuan / ton
each.