SunSirs: On January 11 – Amine Catalysts https://www.newtopchem.com The Leading Supplier of China Amine Catalysts Thu, 13 Jan 2022 06:58:22 +0000 zh-CN hourly 1 https://wordpress.org/?v=6.1.7 https://www.newtopchem.com/wp-content/uploads/2023/12/1.jpg SunSirs: On January 11 – Amine Catalysts https://www.newtopchem.com 32 32 SunSirs: On January 11, Transaction of Metal Silicon (441#) was Light, Price was Stable and Weak https://www.newtopchem.com/archives/36414 Thu, 13 Jan 2022 06:58:22 +0000 http://www.newtopchem.com/archives/36414 On the 11th, the price of 441# silicon metal was stable and weak. The average price in the domestic market was 20,900 yuan/ton. The enthusiasm of aluminum plants in some areas to stock up has increased. Today, aluminum alloys rose slightly by 200 yuan/ton. The tight supply of organic silicon supports the market. The overall mentality is positive. On the 11th, the average price of domestic silicone DMC is 29,300 yuan / ton. The downstream demand for silicon metal is improving, but the inventory is sufficient, and it takes a certain amount of time to consume the inventory. The intensification of the epidemic in many places in China has hindered shipments and transportation. Many merchants said that they would not ship goods before years, resulting in a slightly cold transaction.

]]> SunSirs: On January 11, Aluminum Prices in the Chinese Market Continued to Rise https://www.newtopchem.com/archives/36413 Thu, 13 Jan 2022 06:58:18 +0000 http://www.newtopchem.com/archives/36413 On the 11th, aluminum prices continued to rise

On January 11, the average market price of domestic aluminum ingots in East China was 21,633.33 yuan/ton, and yesterday’s average market price was 21,240 yuan/ton, up 1.85%; compared with the beginning of the month (January 1), the average market price was 20,370 yuan/ton, up 6.20%.

At the peak in 2021 (October 19, 2021), the average market price of aluminum ingots is 24,240 yuan / ton, and the recent deviation from the peak has dropped by 10.75%. Starting from the recent recovery (December 13, 2021), the average market price of aluminum ingots is 18,693.33 yuan / ton, a recent increase of 15.73%.

The main reason for the recovery

Mainly due to the improvement of supply expectations, especially the European energy crisis, the natural gas factor has led to the rise in electricity prices, which has caused many aluminum plants in Europe to reduce production; in addition, the domestic supply-side reform has achieved remarkable results in the past few years, and the production capacity has basically formed a ceiling, in the past 1-2 years ” With the blessing of “Carbon Peak” and “Carbon Neutral”, the output is also affected to a certain extent. The recent social inventory data of aluminum ingots has been improving. As of the 10th, the domestic social inventory of electrolytic aluminum was 752,000 tons, a decrease of 24,000 tons from last Thursday; the increase in downstream inquiries and the superimposed effect of aluminum terminal consumption before the holiday have supported the recent domestic aluminum industry. The overall price is strong.

Market expected

As the Spring Festival is approaching, the cyclical accumulation effect before and after the holiday will test market tolerance. The recent trend of aluminum prices is improving, but it should not be too high. Strong shock is expected to run mainly.

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