-
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 Wednesday, the main contract of Shanghai aluminum 1807 oscillated slightly, operating in the range of 14640-14725 yuan / ton, and closed at 14790 yuan / ton at the end of the day, up slightly 0.
48%
from the previous trading day's closing price.
In terms of term structure, Shanghai aluminum continued the positive arrangement of near, low, far and high, of which the positive price difference between Shanghai aluminum 1806 contract and 1807 contract was basically flat to 65 yuan / ton
.
In terms of external trading, Asia Lun aluminum continued the narrow fluctuation trend of nearly two weeks, weaker than other base metals and Shanghai aluminum, as of 15:30 Beijing time, 3-month LME aluminum reported 2330 US dollars / ton, up 0.
34% per day, at present, Lun aluminum has not completely got rid of the recent oscillation range, highlighting the caution of long and short trading, Lun aluminum short-term operating range focus on 2280-2350 US dollars / ton
.
In terms of the market, on May 16, Shanghai aluminum trading concentrated 14560-14580 yuan / ton, for the month discount of 10 yuan / ton to flat water, Wuxi transaction concentration 14560-14570 yuan / ton, Hangzhou transaction concentration 14580-14590 yuan / ton
.
In the morning, the carrier shipped actively, the market can circulate abundantly, the market quotation from 14580 yuan / ton all the way down to 14560 yuan / ton, and then a large aluminum enterprise received 2000 tons in the East China market at a price of 14570 yuan / ton, the market transaction is basically stable, the downstream maintains on-demand procurement, and the overall transaction in the East China market within the day is
acceptable.
In the aluminum market, Japan's Marubeni Commercial data showed that the aluminum inventory of Japan's three major ports at the end of April was 267,100 tons, up 21,800 tons or 9% month-on-month, and also up 16,400 tons or 6.
7%
year-on-year.
In terms of inventory, during the day, the aluminum warehouse receipt of the previous period was 861155 tons, down 1677 tons
from the previous trading day.
As of May 16, LME aluminium ingot stocks were 1243175 tonnes, down 3,925 tonnes
from the previous session.
During the day, the Shanghai aluminum 1807 oscillation closed up to 14790 yuan / ton, initially returning to the operation above the moving average group, but due to the further expansion of China's primary aluminum production in April, it may limit the rise in aluminum prices
.
Operationally, it is recommended that the Shanghai-aluminum 1807 contract can be sold high and low between 14650-14850 yuan / ton, and the stop loss is 100 yuan / ton
each.
