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On Thursday, London aluminum opened at $1520 / ton
in the morning.
During the Asian session, Lun aluminum maintained an overnight rally, rushing to 1530 US dollars / ton, but the upper momentum was insufficient, the plate fell slightly, as of 15 o'clock Beijing time, Lun aluminum closed at 1522 US dollars / ton
.
Entering the European session, Lun aluminum followed the outer metal to quickly leak, the hourly line pulled out a long black line, low to 1503 US dollars / ton; During the European trading session, Lun aluminum rebounded slightly, finally closing at $1510 / ton, down $10 / ton, or 0.
66%.
Positions increased by 745 lots to 783,000 lots, mainly
short positions.
It is expected that intraday volatility will run at 1480-1520 US dollars / ton, and it will be difficult to get out of the 5/10/20 daily moving average group
.
It is necessary to continue to pay attention to the release of
overseas macro news.
The euro lagged behind most G-10 currencies, the dollar index continued to rise, to a more than half month high, overnight London aluminum weak operation, the latest closing quotation of 1510 US dollars / ton, down 10 US dollars, or 0.
66%, the volume of 10775 lots decreased 1107 lots, the position 782804 increased by 745 lots
.
In terms of inventory, the London Metal Exchange (LME) reported a 1307725 in the latest inventory of London aluminum on April 23, an increase of 9,600 metric tons, or 0.
73%,
from the previous trading day.