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On Tuesday, Lun aluminum opened at 1508 US dollars / ton in the morning, after the opening of Lun aluminum rose steadily, the high level reached 1517 US dollars / ton, the second half of the Asian market Lun aluminum high fell back, the end of the Asian market closed at 1510 US dollars / ton; Entering the European trading session, Lun Aluminum continued to decline, the low touched 1500 US dollars / ton after a slight rebound, as of 18:10 Beijing time, Lun aluminum closed at 1506.
5 US dollars / ton, up 9.
5 US dollars / ton from the opening of the day, up 0.
63%.
Rusal said that the new crown epidemic has completely changed the market outlook for aluminum products in 2020, and there was a surplus of 1.
7 million tons of primary aluminum in the global primary aluminum supply market in the first quarter, and the demand fell significantly, and the overnight aluminum was weak and volatile, and the latest closing quotation was 1504 US dollars / ton, down 3 US dollars, or 0.
20%.
In terms of inventory, the London Metal Exchange (LME) reported 1,347,000 metric tons of London aluminum on April 28, an increase of 10,225 metric tons, or 0.
76%,
from the previous trading day.
The narrow range of Lun aluminum is difficult to change, and it is expected that today's operating range is 1490-1530 US dollars / ton, and it is necessary to continue to pay attention to the delivery situation and the release
of overseas macro news.
