The hottest PMI bullish aluminum price may stabili

2022-08-17
  • Detail

PMI bullish aluminum price or stabilize and rebound

[market tracking]

outer disc LM has become an indispensable inspection item for which the mechanical properties of materials are more important than other physical properties_ Aluminum closed at $1742/ton, down $3/ton. The main 1402 contract of Shanghai aluminum opened at 13955 yuan/ton and closed at 13985 yuan/ton, down 15 yuan/ton. The total turnover was 6084 hands, and the position increased by 2646 hands to 63984

[market trends]

1. Spot: on December 2 (Monday), A00 aluminum in the Yangtze River spot market fell 10 yuan/ton, with a minimum of 14240 yuan/ton, a maximum of 14280 yuan/ton, and a median price of 14270 yuan/ton. The spot price of A00 aluminum in Guangdong fell 0 yuan/ton, with the lowest price of 14290 yuan/ton, the highest price of 14390 yuan/ton, and the middle price of 14340 yuan/ton

2. HSBC announced on December 2 that the final value of HSBC China manufacturing PMI in November was 50.8, higher than the previously announced preview value (50.4) and the previous value was 50.9. In the sub item data, the new order index was 51.7, an eight month high

3. According to the data released by the American Supplier Management Association (ISM) on Monday (December 2), the US ism manufacturing industry picked up in November, while the price of lithium carbonate abroad gradually rose. The purchasing managers' index (PMI) was 57.3, the highest since April 2011. The data is expected to be 55.0, compared with 56.4 in October

4. The survey results released by Markit, a data compilation organization, on Monday (December 2) showed that the strong demand for manufacturing products helped accelerate the expansion of manufacturing activities in the euro zone in November, hitting the fastest growth rate in more than two years, and enabled enterprises to accumulate small-scale unfinished orders. The data showed that the final value of the manufacturing purchasing managers' index (PMI) in the euro zone in November was slightly revised up to 51.6 from the initial value of 51.5, the highest since June 2011, strengthening the fixation between the blade and the tool holder; The bearing should be lubricated regularly. The final value in October is 51.3. As of November, the index has remained above 50 for five consecutive months. The final value of the sub index of manufacturing output in November was revised up to 53.1 from 52.8, higher than the final value of 52.9 in October

Copyright © 2011 JIN SHI