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    Home > Chemicals Industry > New Chemical Materials > The overall rise of industrial products is hindered, and Shanghai aluminum is relatively stable

    The overall rise of industrial products is hindered, and Shanghai aluminum is relatively stable

    • Last Update: 2022-11-30
    • Source: Internet
    • Author: User
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    In the last trading day, the average price of Yangtze River nonferrous aluminum rose 140 to 11440, and the average price of nonferrous aluminum in the South China Sea rose 140 to 11750
    .
    Shanghai aluminum spot monthly contract 1604 opened at 11320, the highest 11475, the lowest 11310, closed at 11425, up 100 or 0.
    88%.

    Lun Aluminum Electric 3 opened at 1530.
    00, with a high of 1542.
    00, a low of 1509.
    00 and a close of 1519.
    50, down 9.
    50 or 0.
    62%.

    The dollar index opened at 94.
    76, peaked at 95.
    17, drew a low of 94.
    58 and closed at 95.
    06, up 0.
    29 or 0.
    31%.

    LME aluminium stocks fell by 6,900 tonnes to 2855225 tonnes
    .
    The aluminum warehouse receipt of the previous period increased by 2352 tons to 341615 tons
    .

    Shanghai aluminum

    News side: 1.
    According to the Bank of America Merrill Lynch Capital Flow Report, $3 billion of capital has flowed into emerging market assets
    in the past two weeks.
    The US dollar tumbled and emerging market investment benefited from the Fed's March 16 resolution statement that halved its 2016 rate hike expectations to two, benefiting emerging market investment – stocks and currencies in countries such as Brazil, Thailand, Indonesia and Malaysia have all unexpectedly moved off the bottoms
    formed in mid-January.

    2.
    The State Council announced that from May 1 this year, the scope of the pilot scope of replacing VAT with VAT will be expanded to the construction, real estate, financial and life service industries, so as to achieve full coverage of the goods and service industries, open up the tax deduction chain, and support the development of the modern service industry and the upgrading
    of the manufacturing industry.
    Among them, the construction industry and real estate industry are subject to an 11% tax rate, and the financial industry and life service industry are subject to a 6% tax rate
    .

    3.
    Among the 70 new commercial housing (excluding affordable housing) in China's 70 large and medium-sized cities in February: the month-on-month price increased by 47 (38 in the previous value), decreased by 15 (24 in the previous value), and remained unchanged by 8 (8 in the previous value).

    Year-on-year prices rose by 32 (prior: 25), decreased by 37 (prior: 45), and remained flat by 1.

    Among the month-on-month price changes, the highest increase was 3.
    6% (Shenzhen) and the lowest was a decrease of 0.
    7%.

    Among the year-on-year price changes, the highest increase was 57.
    8% (Shenzhen) and the lowest was a decrease of 3.
    9%.

    Today's aluminum price analysis: the overall rally of short-term industrial products has been blocked, and now there are different degrees of upward downward pressure
    .
    Among the base metals, tin and nickel fell rapidly, and the performance of Shanghai aluminum was relatively stable, mainly flat.

    Today's aluminum price is not much changed, just for reference
    .

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