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    Home > Chemicals Industry > New Chemical Materials > The market digested the slowdown in the United States and the expectation of interest rate hikes, and Shanghai aluminum rose slightly

    The market digested the slowdown in the United States and the expectation of interest rate hikes, and Shanghai aluminum rose slightly

    • Last Update: 2022-11-30
    • Source: Internet
    • Author: User
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    Today, the average price of nonferrous aluminum in the Yangtze River rose 40 to 11300, and the average price of nonferrous aluminum in the South China Sea rose 50 to 11610
    .
    Shanghai aluminum spot monthly contract 1604 opened at 11225, the highest 11335, the lowest 11205, closed at 11325, up 85 or 0.
    76%.

    As of press time, Lun Aluminum Telegram 3 was at 1532.
    50, and the dollar index was at 95.
    37
    .

    Shanghai aluminum

    News: 1.
    The central price of RMB against the US dollar was 6.
    4961 yuan, up 211 points; yesterday's central price was 6.
    5172 yuan, the closing price was 6.
    5210 yuan at 16:30, and the night closing price was 6.
    5239 yuan
    at 23:30.
    The dollar fell
    sharply across the board during the overnight New York session.

    2.
    Shen Danyang: China faced difficulties in trade in 2016
    .
    January-February trade data does not represent the trend of the year; The decline in China's trade reflects weak
    external demand.
    China's foreign trade in 2016 will be more difficult and complex than in 2015, a conclusion based on a census conducted by the Ministry of Commerce
    .
    The difficulties of China's foreign trade are not short-term; However, China still has advantages in foreign trade, and the fundamentals of foreign trade development have not changed
    .
    It is expected that after March, the decline in foreign trade will gradually narrow, and it is possible that foreign trade will stabilize and improve
    .
    A series of highly targeted policy measures are either being implemented or will be introduced
    .

    3.
    At the close of the futures market, iron ore rose 4.
    81%, rebar rose 4.
    26%, propylene rose 3.
    95%, ethylene rose 3.
    82%, PVC rose 2.
    91%, asphalt rose 2.
    86%, rubber rose 2.
    7%, gold rose 1.
    96%, zinc rose 1.
    72%, copper rose 1.
    55%.

    Tomorrow's aluminum price analysis: industrial products rose during the domestic session, mainly digesting the Fed's expected remarks on slowing down interest rate
    hikes.
    The US dollar continued to fall, with the sharp rise in black and chemicals driving the overall base metals higher, and Shanghai aluminum followed the rise
    .
    Tomorrow's aluminum price is expected to rise, for reference
    only.

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