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    Home > Chemicals Industry > New Chemical Materials > April 25 Lun aluminum morning review

    April 25 Lun aluminum morning review

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1937 US dollars / ton, the beginning of the session slightly higher to touch 1950 US dollars / ton, then aluminum prices down to touch 1936.
    5 US dollars / ton, the 20-day line began to show support, Lun aluminum low back to the daily average of around 1944 US dollars / ton, into the European trading session, Lun aluminum rapid discharge touched 1933 US dollars / ton, and then narrow range shock below the 20-day line below the demand opportunity breakthrough, but failed to form an effective breakthrough, until the evening after the opening of the domestic night market, driven by Shanghai aluminum steadily upward, Successfully stood on the 20-day line to close at $1950 / ton, and the long position was mainly
    increased.

    Lun aluminum

    In terms of news, President Xi Jinping had a telephone conversation with US President Trump, and the two heads of state exchanged views
    on the situation on the Korean Peninsula.
    China and the United States have frequently consulted on the North Korean issue, and the potential risk of the North Korean nuclear issue remains high
    .
    The first phase of the French election ended yesterday, and as expected, European and American stock markets generally rose sharply, and commodities remained volatile overnight after
    yesterday's rise.
    Under the influence of the North Korean nuclear issue and the continued trade protectionism of the United States, risk aversion in the international market is still high, and commodities may continue to fluctuate
    .

    In addition, the US new media Axios reported that the Trump administration will issue three more executive orders on trade as soon as this Thursday, one of which will target the import of aluminum
    from the United States.
    The rise of trade protectionism further pushed up the price of Shanghai aluminum, and the high level of domestic aluminum prices fluctuated overnight, and Lun aluminum also fluctuated
    near the high.
    Lun aluminum once again got rid of the winding of the moving averages, the lower 5-day moving average crossed the 20-day line to form a strong support, it is expected that today's high shock operating range of 1935~1965 US dollars / ton
    .

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