-
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
Yesterday evening, Shanghai aluminum main 2002 contract gap opened low at 14075 yuan / ton, the opening of the bulls have reduced their positions, aluminum prices recorded several black lines one after another, the low level of 13960 yuan / ton, because there is still some support below, and then from the low level of a slight return, the upward way was hindered at 14040 yuan / ton, the end of the day around 14015 yuan / ton line to do a narrow range of shock, the final close at 14000 yuan / ton, the volume minus 7891 hands to 30687 hands, The position volume decreased by 3,165 lots to 113,000 lots, closed at the small black candle, pierced the 5/20 daily moving average, the center of gravity sank, and the daily KDJ three lines were facing down
.
After New Year's Day, downstream consumption weakened, bulls' confidence was insufficient, and the reduction of positions led to a fall in aluminum prices, and it is expected that the follow-up upside is limited, running between 13900-14100 yuan / ton today, and the liter discount is between
120-180 yuan / ton.
The price of Chinalco East China AOO aluminum ingots was 14,600 yuan / ton, up 50 yuan
.
Aluminum ingot social inventory returned after the holiday continued to accumulate, yesterday's inventory increased by 5,000 tons from last Thursday to 587,000 tons, spot inventory inflection point initially appeared in the short term to put pressure, the certainty of electrolytic aluminum production recovery in the future market is strong, it is expected that today's spot aluminum prices will fall
.
At present, domestic aluminum inventory into the consumption season, aluminum social inventory from the previous Spring Festival holiday accumulation of 1.
66 million tons of storage around the current 580,000 tons, the recent destocking progress is better than market expectations, aluminum prices below the obvious support, the current alumina price is weak, electrolytic aluminum smelting cost is low, enterprise profits are expected to make the later electrolytic aluminum production capacity resumption of worry remains
.
