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    Home > Chemicals Industry > New Chemical Materials > August 1 Lun aluminum morning review

    August 1 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1912 US dollars / ton, the Asian market before the afternoon driven by the surrounding varieties, Lun aluminum center of gravity slightly moved up to around 1917 US dollars narrow range, in the afternoon domestic market aluminum enterprise news frequently, boost Lun aluminum to follow the upward, once touched 1926.
    5 US dollars / ton, but the 10/20 daily moving average showed strong resistance, Lun aluminum quickly fell back to the daily average of 1919 US dollars / ton, entered the European trading session, several attempts to break through the 20-day line unsuccessful, and finally closed at 1918 US dollars / ton, The trading volume soared by 165,000 lots to 643,000 lots, and the open position increased by 3,812 lots to 643,000 lots
    .
    The moving average above Lun aluminum has strong resistance, and it is expected to run at 1905~1925 US dollars / ton
    today.

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 1892 US dollars / ton, which was 22.
    5 US dollars / ton higher than the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    37 (import ratio was 8.
    4), and the import loss was 1786 yuan / ton; The actual ratio of Shanghai aluminum 3 contract to Lun aluminum March contract is 7.
    67 (import ratio is 8.
    39), and the import loss is 1378 yuan / ton,

    On the news, the Eurozone July CPI was 1.
    3% year-on-year, unchanged from expectations and the previous reading
    .
    The dollar continued to fall, with aluminum rising slightly by $6.
    5/ton, or 0.
    34%, to $1918/ton
    , overnight.
    Aluminum prices are expected to rise
    slightly today.

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