-
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
Yesterday's aluminum prices were strong and volatile, and the market sentiment was good
under the destocking.
Yesterday's main contract 2205 opened at 22005 yuan / ton, the highest price of the day was 22305 yuan / ton, the lowest was 21890 yuan / ton, and closed at 22210 yuan / ton, up 510 yuan or 2.
35%
from the previous trading day's closing price.
Recently, the epidemic situation in various parts of China has intensified, and the transportation of the industry chain has been affected to a certain extent, among which Bayuquan may affect the transportation of goods in the port due to traffic control
.
In terms of domestic fundamentals, Yunnan, Inner Mongolia and other places have begun to resume production, and the process of resumption of production is uneven
.
The aluminum market shows a state of external strength and internal weakness, and the import window continues to close
.
In terms of consumption, the recent downstream stocking is active, and the spot transaction of aluminum ingots is more active, but the current outbreak of the epidemic in various places may suppress demand
.
In terms of the market, although the spot feedback in East China is cautious, the transaction of middlemen is still concentrated around 20 yuan / ton, and the discount is relatively stable, and the epidemic has affected the rhythm
of some downstream receiving goods.
Compared with the Central Plains and South China markets, East China feedback is relatively slow
.
In the morning, the transaction in the Central Plains area was around 70 yuan / ton, and large factories delayed receiving goods, but middlemen and small factories actively
entered the market on the dip.
In terms of inventory, on March 17, domestic aluminum ingot stocks were 1.
089 million tons, 53,000 tons
more than last Thursday.
LME aluminum inventories fell 9,200 tonnes from the previous session to 725,000 tonnes
on March 17.
Social library data shows that inventory has continued to dematerialize, of which Wuxi area has been affected by the epidemic, traffic obstruction has led to a slight accumulation of storage, it is expected that social inventory will continue to be destocked in the near future, and it is necessary to pay attention to the impact of the epidemic in and out of
storage.
In terms of price, the threat of the energy crisis to overseas electrolytic aluminum production capacity may continue, it is necessary to continue to pay attention to the progress of domestic electrolytic aluminum production and the recovery of downstream demand, the recent development of the epidemic may cause interference to transportation and procurement, but macro policies have recovered in the face of market sentiment, and it is recommended to treat it unilaterally in the short term
.
