Copper solvent extraction reagent, Nickel Cobalt extractant, DEHPA & Rare earth leaching solvent

Metal leaching solvent

Daily review: market mood caution prices continue to fall

by:Deyuan      2020-12-23
International market: the U. S. economy gradually release good signal to provide support for the fed to raise interest rates, Aaron aluminum fell today, below support attention to $1550. 'Beijing time, LME3 three-month aluminium 1610. At $5 a down day 4. Five dollars.

( ) Domestic market: today Shanghai aluminum 1610 contracts opened 12195 yuan, main month low intraday high of 12255 yuan, 12150 yuan, in late 12230, the previous trading day down 70 yuan/ton. Official manufacturing PMI index in August to return to China from the line, market sentiment, today Shanghai aluminum fell slightly, but afternoon is expected to price drop space is not large, deep below the 1610 contracts focus on 12200, Suggestions on the sidelines.

the spot market: today's spot price is 12590 - 12630 yuan/ton, down 70 yuan/ton. Guangdong south store at 12540 - 12640 yuan/ton, down 130 yuan/ton. China reported 12700 - 12720 yuan/ton, down 70 yuan/ton. Stock clinch a deal the average price in 12590 - at home 12630 yuan/ton. Today is aluminum continue to fall, the shipper of shipments to maintain positive, but the downstream wait-and-see sentiment strong, poor market clinch a deal.

news both at home and abroad:

1, due to the difference of domestic prices widened, in August, Chinese buyers of imported aluminum limited, although aluminum premium has to be down from July. Platts, according to data released on Wednesday to Japan's spot aluminium premium $74 per tonne, lower than a month, the 76 - tonne 77 dollars. This week, Rio tinto aluminum in the fourth quarter of Japanese companies to Japan importer premium offer for $82 per ton, from the third quarter of 90 - tonne $93 down nearly 10%.

2, electrolytic aluminum industry in China to work in difficult to insist on capacity. All of 2015, China's electrolytic aluminium industry had closed production capacity reached 4. 4 million tons, reduced production scale is around 3. 69 million tons. However, from the point of statistics for the first half of this year, to capacity pressure is very big.
Custom message
Chat Online
Chat Online
Chat Online inputting...
Please send email to jeven@metalleaching.com. Thanks.
Sign in with: