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April 27 Lun aluminum morning review

 Last Update: 2022-12-05
 Source: Internet
 Author: User

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Overnight Lun aluminum opened at 1959.
5 US dollars / ton, and the daily moving average was narrowly sorted out
during the day.
At the beginning of the session, it fell slightly higher to the daily average of around 1962 US dollars / ton, and continued to try to move up to touch 1966.
5 US dollars / ton in the afternoon, but the high was affected by the domestic market atmosphere, Lun aluminum quickly leaked, entering the European trading session, the inertia downward low at the beginning of the session touched 1953.
5 yuan / ton, and then the center of gravity of Lun aluminum trading steadily moved up, once touching 1969 US dollars / ton, but then quickly fell back to 1957.
5 US dollars / ton line, low bulls actively entered, pushing up aluminum prices to repair the decline, Touched the highest level of the day at 1969.
5 US dollars / ton and closed at this point, and the bulls mainly
increased their positions.

Lun aluminum

In terms of the market, the spot price of Lun aluminum on the day was 1958 US dollars / ton, which was 8.
5 US dollars / ton discount from the March contract; Lun aluminum inventory was 1.
6558 million tons, down 13,100 tons from the previous day; the aluminum inventory in the previous period was 326,900 tons, an increase of 99 tons from the previous day; measured by the closing price of Shanghai aluminum, the actual ratio of Shanghai aluminum 3 contract to Lun aluminum March contract was 7.
35 (import ratio was 8.
58), and the import loss was 2328 yuan / ton (excluding financing income).

In terms of news, US President Trump said that he is willing to delay the construction of the border wall until September to avoid the government shutdown on the
28th.
A White House official confirmed the claim
.
Trump's tax reform plan is about to be announced, the terms of tax cuts are certain, which brings great challenges to the Trump administration's finances, and the news that Trump will postpone the wall building plan also confirms that the US fiscal deficit problem is serious, and the world economic situation is facing greater uncertainty
.

Overnight, Lun aluminum rose after stepping back on the 5-day line, closed at the highest point, and again approached near the previous high, continuing to be strong, affected by the US fiscal pressure, today Lun aluminum opened low, short-term may be volatile
.

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