Day review: the dollar rebound prices fell frustrated
（ ） Domestic market: today Shanghai aluminum 1607 contracts opened 12715 yuan, main month low intraday high of 12740 yuan, 12455 yuan, in late 12475, the previous trading day down 260 yuan/ton. Fed officials sent hawkish rhetoric dollar index vibration strength, inhibition of metal market rebound, today Shanghai aluminum dropped sharply, short power gradually dominate the market at present, aluminum market outlook is expected to upside or co. , LTD.
the spot market: today's spot price is 12600 - 12640 yuan/ton, down 190 yuan/ton. Guangdong south store at 12630 - 12730 yuan/ton, down 200 yuan/ton. China reported 12710 - 12730 yuan/ton, down 190 yuan/ton. Stock clinch a deal the average price in 12600 - at home 12640 yuan/ton. Today is aluminum fell sharply, the grocers are eager to change shipment now actively, middlemen bearish mentality will pick up the goods under cooling, clinch a deal the general market.
news both at home and abroad:
1, the foreign media on May 4, commodities trading can ShangJia can be released on Wednesday, copper, zinc, lead, the output of coal and oil are falling, until the company decided to cut due to low prices. The company said that in addition to oil, other goods production forecasts unchanged all the year round. Less oil exploration drilling business activities, the mean output will be less than previously estimated 300000 barrels of oil.
2, kobe steel ( KobeSteel) Plans to invest about $93 million to plant aluminum factory is located in the United States and China. Factory mainly produces aluminum squeeze, used in car body parts such as bumper and chassis parts, etc. Factory is located in the United States will be completed and put into operation next year will be the company's first production complex.