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    Home > Chemicals Industry > New Chemical Materials > April 28 Lun aluminum afternoon review

    April 28 Lun aluminum afternoon review

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Monday, Lun aluminum opened at $1511/ton
    in the morning.
    At the beginning of the opening sharply pulled, the high rushed to 1523 US dollars / ton, and in the second half of the Asian market at 1510 US dollars / ton in a narrow range, as of the Asian close, Lun aluminum closed at 1516 US dollars / ton; Entering the European trading session, the downward shock of London aluminum touched a low of 1502.
    5 US dollars / ton, and the North American trading session rebounded slightly, finally closing at 1515 US dollars / ton, up 8 US dollars / ton, or 0.
    53%.

    The rise and fall of intraday Lun aluminum still follows Shanghai aluminum, and the weak fundamentals lead to obvious resistance above 1530 US dollars / ton above Lun aluminum, and it is expected to run in a narrow range of 1500-1530 US dollars / ton
    during the day.

    Lun aluminum

    Recently, LME inventories continued to increase, rising to the highest since January 18, an increase of nearly 40% in the past six weeks, and the trend of aluminum overnight was weak, the latest closing quotation of 1507 US dollars / ton, down 8 US dollars, or 0.
    50%, the volume of 9090 lots increased by 215 lots, and the position 811765 increased by 8133 lots
    .

    In terms of inventory, the London Metal Exchange (LME) reported its latest inventory of 1336775 metric tons on April 27, an increase of 18,850 metric tons, or 1.
    43%,
    from the previous trading day.

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