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Composition and price trends of Aluminum

publisherCassie

time2017/07/03

This week, in the policy and cut the news to stimulate the aluminum prices rose, the main 1708 contract was rushed 14,000 RMB /ton.

This week, in the policy and cut the news to stimulate the aluminum prices rose, the main 1708 contract was rushed 14,000 RMB /ton. But the rapid and rapid digestion, the price quickly fell down, the main contract week rose 2.5%, trading volume reduced to 91.1 million hands. For next week's aluminum price forecast, nearly half of the analyst outlook is bullish, see the shock of analysts are not a few, and compared to last week, bearish analysts accounted for a substantial decline.

Let's see what is the composition of alloy aluminum!

6061 alloy in the main alloy elements for the magnesium and silicon, with moderate strength, good corrosion resistance, weldability, oxidation effect is better. Widely used in the requirements of a certain strength and high corrosion resistance of various industrial structural parts, such as manufacturing trucks, tower buildings, ships, trams, railway vehicles, furniture, marquee tent and so on.

 Our tent's frame is right made of hard pressed extruded aluminum alloy ( 6061/T6 ).

So it can be reinforced at max. 100km/h wind load,while snow load is 0.3KN/sqm. 


For the bullish analysts, Xinjiang electrolytic aluminum special inspection activities as scheduled, other parts of the country's supervision activities will also be opened, the spot aluminum prices in the supply side of the reform continued to promote the positive impact of the strong trend. According to the Development and Reform Commission No. 656, electrolytic aluminum rectification before the end of June to complete the local verification, the current market as a whole to more atmosphere, a large number of articles available in the city, short or will remain strong operation.

But the market outlook, bearish analysts, the impact of unexpected news on the aluminum price is limited, the fundamentals of electrolytic aluminum is still weak. Next week into the mid-year settlement, change the pressure will be significantly increased, the spot on the contract is expected to have a slight expansion of the possibility of contract. Consumption in the off-season in-depth, above the pressure is still.

On the whole, near the policy execution time node, the implementation is the focus of the market. According to the director of the Association of Nonferrous Metals Association of Aluminum, the latter will clearly cut production, but the cut also encourages the resumption of production capacity and new investment, to avoid the supply gap, which means that the policy may be based on changes in the supply of flexible implementation, or disappointment. But the latter part of the cut to improve the fundamentals, prices are still up momentum.

After the French parliamentary elections and the British elections, European politics began to stabilize, and the next British-European negotiations became the largest source of uncertainty. The recent international exchange rate by the British off the news and the Bank of England whether to raise interest rates greater news, short-term international exchange rate fluctuations, non-ferrous metal prices are more sensitive to the exchange rate, need to be more focus on.


Fastup Tent Manufacturing Co. Limited

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