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    Home > Chemicals Industry > New Chemical Materials > April 12 Lun aluminum morning review

    April 12 Lun aluminum morning review

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2207 US dollars / ton, the Asian market before the afternoon London aluminum trend is light, around the daily average of 2207 US dollars / ton a line of narrow range oscillation, afternoon more single participation significantly increased, Rusal incident continued to ferment, into the European trading session Lun aluminum continued to test the mode, the high touched 2277.
    5 US dollars / ton, and then gave up part of the rise shock closed at 2248.
    5 US dollars / ton Holdings increased by 1994 lots to 720,000 lots, short-term stimulated by the Rusal incident, Lun Aluminum has been five consecutive Yang, Refreshing the new high since the beginning of January 2018, short-term London aluminum maintained a relatively strong position, but the upward momentum will be weakened, it is expected to run at 2220~2260 US dollars / ton today, continue to pay attention to relevant reports and news
    .

    Lun aluminum

    The US desire to carry out armed strikes on Syria has returned to the risk aversion that has just been calmed for a long time, and the PPI and CPI data released by China are less than expected, and the bulls' sentiment has been briefly shocked
    .
    However, the US sanctions against Rusal aggravated the global supply tension, and then the LME and COEX also said that they would prevent RUSAL from entering the delivery, which will strongly push up the dollar-denominated Lun aluminum, and the domestic aluminum ingot social inventory has declined for three consecutive weeks, indicating that downstream demand is good
    .

    The Lun aluminum night market climbed sharply again, exceeding expectations
    .
    The LME broke the news yesterday and denied the qualification
    of RUSAL aluminum ingots to enter the LME market for delivery.
    As soon as the news came out, Lun aluminum climbed up again
    .
    The news of the game between the United States and Russia is the biggest positive for the current aluminum market, and the short-term aluminum will still maintain a strong trend, observing the resistance level of the $2300 line above
    .

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