-
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
Today, as thermal coal faced policy control touched the drop limit, Shanghai aluminum followed a sharp pullback, the main intraday touched the drop limit, as of 3 pm, the main force of Shanghai aluminum closed down 6.
27% to 22855, down 1530 from the previous trading day; The largest decline this year, considering that the cost of electrolytic aluminum has reached 20,000, and the energy problem has not been solved, the aluminum price has little room for deep falls, and the main force of Shanghai aluminum temporarily pays attention to the 22000 mark support
.
In the short term, there is still a need for a pullback, wait and see
.
This week's domestic electrolytic aluminum social inventory was 928,000 tons, 41,000 tons more than last Thursday, and Wuxi and Gongyi contributed the main increase, mainly due to the increase
in local arrivals.
Yesterday, the National Development and Reform Commission issued a document to study the intervention of coal prices in accordance with the law, requiring coal enterprises to do a good job in ensuring supply and stabilizing prices, and non-ferrous metals generally declined
.
As refineries are concentrated in the northern region, the supply side is expected to continue to decline, while the fermentation of overseas energy crisis has triggered market concerns about the global shortage of electrolytic aluminum supply, which resonates with the pattern of domestic supply shortage; On the consumer side, the recent power rationing policy of downstream processing enterprises in Guangdong, Jiangsu, Zhejiang and Shanghai has been relaxed, but due to the current rise in costs, some processing enterprises have increased processing fees, which has a certain inhibitory effect on downstream orders, and it still takes some time for the high price of aluminum to be fully transmitted to the terminal, but into the fourth quarter heating season, although the domestic coal supply can be regulated by policies, but overseas energy tension has not seen relief expectations, and aluminum prices are expected to remain high and volatile
.
