Early trading on September 1 cnal.com Comprehensive market analysis: in the last trading day, the average price of nonferrous aluminum in Yangtze River rose 90 to 14760, that in Nanhai rose 40 to 15080, and that in Zhongyuan rose 80 to 14750. Shanghai aluminum spot monthly contract opened at 14825 in 2009, the highest was 14825, the lowest was 14605, and closed at 14635, down 60 or 0.41%. Lunaluminum is closed. The dollar index opened 92.30 at 92.30, the highest at 92.48, the lowest at 91.99, and closed at 92.18, down 0.11 or 0.12%. The warehouse receipts decreased by 2867 tons to 128843 tons in the previous period.
1. [PMI data shows China's economy continues to rebound] China's economic activity continued to rebound in August, with a service sector index rising to its strongest level since the beginning of 2018, while the pace of expansion of manufacturing activity slowed slightly. The non manufacturing PMI rose to 55.2 from 54.2 in July, while the official manufacturing PMI fell to 51 from 51.1 a month ago, the National Bureau of Statistics said on Monday. A reading above 50 indicates an improvement over a month ago.
2. [it varies from region to region According to SMM statistics on August 31, domestic electrolytic aluminum social inventory (including SHFE warehouse receipt): 121000 tons in Shanghai, 24.2 tons in Wuxi, 179000 tons in South China Sea, 84000 tons in Hangzhou, 67000 tons in Gongyi, 54000 tons in Tianjin, 22000 tons in Chongqing, 6000 tons in Linyi, and 755000 tons in consumption areas, which remained stable at 755000 tons compared with last Thursday 。
Analysis of today's aluminum price
Overnight futures market non-ferrous metal overall shock, Shanghai aluminum to follow the market to maintain horizontal. Today's aluminum price changes little, for reference only.