Today is:
Changzhou the Yifei Aluminum (Mechanical) Co., Ltd. develops, manufactures, sells a variety of precision aluminum tubes, aluminum | | Feedback
   OA series
   Pneumatic components
   Seamless Pipe
   Industrial Alu-Profile
Changzhoushi Yifei Aluminum(Mechanical) Co.,Ltd
Address:Wujin District of Changzhou City, Jiangsu Province, Hengshan Town, Furong Rong Rd 48
Zip Code:213118
News Details   Location:Index > News > News Details  
Aluminum market hot track
Release date:2012-6-8 15:34:30News source :
        Recently aluminum market is the high oscillation strong weak pattern. May, the hot market news frequent aluminum uncertainties increase, following a brief analysis of the current hot market:
Last week, al-Qaeda leader Osama bin Laden was killed, news, financial market volatility in crude oil as well as silver, gold futures prices fell sharply, the dollar index go up again. Osama bin Laden was shot to death caused by news short-term market fluctuations, but long-term price of the commodity futures market will not have a significant impact. Osama bin Laden, the Middle East political and regional pattern does not have a long-term impact on Syrian Council without a stable crude oil prices will remain high to support the formation of the aluminum price.
April, the country''''''''s power shortage situation intensified. Following Hunan, Hubei, Shanxi and Jiangsu provinces declared electricity supply, Zhejiang, Guangdong, Chongqing and other provinces to join the army of the "shortage". Zhejiang limit over 50 million in the first quarter of corporate power, Guangdong proceed with arrangements for the peak shifting production of the eight major categories of high energy-consuming industries. With the advent of the summer peak, the power shortage will worsen. Zhejiang, Guangdong is a major aluminum consuming regions, aluminum consumption in the coming months will bring a negative impact. In the case of the high price of coal, power generation companies to large losses, the power shortage situation is difficult to remission, may ultimately affect the electrolytic aluminum production capacity utilization, inhibition of the rapid growth of aluminum production, a potential positive of the aluminum.
The combined effect of the appreciation of the renminbi and domestic monetary policy tightening, resulting in a weak pattern in the aluminum market in the long-term foreign powers. This year, the pace of yuan appreciation to speed up the RMB against the U.S. dollar average exchange rate of 6.6027 in January month on month rise to the end of the March of 6.5662,4 yuan central parity rate reported 6.4990 yuan against the U.S. dollar, broke the 6.5 mark integer. The cumulative appreciation of 0.88% in April. Appreciation of the RMB against the U.S. dollar in March were 0.49%, 0.21% and 0.29%. Monthly appreciation of the RMB, to accelerate the appreciation of the renminbi is very obvious signs. RMB appreciation, even if the the Lun aluminum to maintain a strong rise, but due to the kinetic energy of conduction of the domestic market exchange rates, London prices have produced a decay. While the domestic pattern of frequent interest rate and raised the bank reserve ratio to funding constraints, so that the aluminum industry, aluminum industry chain upstream and downstream enterprises in reduced inventory destocking process is actually the process of compression of aluminum consumption, weak within the aluminum market by foreign difficult to change.
While all these factors have some influence on the aluminum market, but decided the price of aluminum is the most important factor, or what monetary policy the Federal Reserve at the end of the second round of quantitative easing will take. Recently, the United States St. Louis Fed President Bullard said that the Fed may lie in the second round of quantitative easing after the end of June not to its monetary policy adjustments, but faster economic growth and rising inflation may prompt the Federal Reserve began to tighten before the end of the year monetary policy. Earlier, Fed Chairman Ben Bernanke will end as scheduled in June this year, 600 billion U.S. dollars in the second round of quantitative easing policy, but will still be "longer" continue to maintain existing loose interest rates. Federal Reserve monetary policy is not clear before, aluminum, copper and other metal prices is difficult to have a clear direction, is expected to continue to maintain high oscillation and the oscillation amplitude is likely to increase. If the Fed meeting in late June after the end of the second round of quantitative easing to continue to maintain low interest rates, then the aluminum break up the possibility.
Frist:The Toden not stop the enthusiasm of the aluminum market more than    Next:Recycled aluminum industry chain Development Forum ended in 2011
Copyright © 2012 Changzhoushi Yifei Aluminum(Mechanical) Co.,Ltd . All Rights Reserved  Changzhou Networks-AoXiang NetworksTechnical Support
Address:Wujin District of Changzhou City, Jiangsu Province, Hengshan Town, Furong Rong Rd 48  
Zip Code:213118  Tel:86-519-88763066  86-519-88761254-806  Fix:86-519-88767797
Keywords:Precision aluminum tubes Aluminum Changzhou precision aluminum tubes Changzhou aluminum