-
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 Monday morning, the main contract of Shanghai aluminum opened at 14185 yuan / ton, and after the opening, the aluminum price rose sharply, once touching 14565 yuan / ton, but the 10-day moving average and 14500 yuan / ton integer mark resistance performance is strong, the high short more closed position, aluminum price high gave up part of the rise to close at 14405 yuan / ton above the 10-day moving average
.
The current low aluminum price on the one hand slows down the new production capacity, on the other hand doused the heating season shutdown of electrolytic aluminum enterprises to resume production enthusiasm, so the release of the supply side has slowed down phenomenon, at the same time, from the current situation, after the Spring Festival downstream enterprise orders performance is better, destocking strength even has the possibility of exceeding expectations, so aluminum prices are difficult to say continue to leak sharply, the current price fully feedback the previous view, short-term is expected that aluminum prices continue to try to rise, but considering the cost downward after the holiday and aluminum ingot inventory performance, Fluency is expected to be hampered
.
In terms of the external market, Lun aluminum opened at 2127.
5 US dollars / ton in the morning, the Asian market fluctuated in a narrow range of 2125-2130 US dollars / ton in the morning, boosted by domestic Shanghai aluminum in the afternoon, Lun aluminum rose to 2152 US dollars / ton, but the upper 5-day moving average touched the 60-day line to form a strong resistance, entering the European trading session Lun aluminum high shock fall, the low once touched 2128 US dollars / ton, as of 17:57, Lun aluminum reported 2137.
5 US dollars / ton, The Shanghai-London ratio has returned to above 6.
7, and the short-term data is light, and it is expected that Lun Aluminum may continue to try to rise
.
In terms of the market, the Shanghai transaction price before the afternoon concentrated 13840-13860 yuan / ton, the discount for the month was 220-200 yuan / ton, the transaction price of Wuxi concentrated 13840-13860 yuan / ton, the Hangzhou transaction price concentrated 13850-13870 yuan / ton, the shipment volume of the holder decreased, the discount expanded after the month change, and the middleman asked positively, but the supply and demand two sections of deadlock, the transaction was general, the downstream enterprises had few stocks, and the overall transaction weakened
.
In the late afternoon, aluminum rose sharply, and it was difficult to see the shipment quotation
in the market.
In terms of news, domestic electrolytic aluminum production in January was 2.
985 million tons, down 16,000 tons from the previous month, domestic electrolytic aluminum production remained relatively high, while downstream demand was relatively weak, and short-term aluminum prices are expected to fluctuate at a low level
.
Overall, near the Spring Festival, the spot market transaction is light, market volatility has declined, and it is expected that the metal may be dominated by low volatility
.