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    Home > Chemicals Industry > New Chemical Materials > August 10 Lun aluminum morning review

    August 10 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Yesterday morning, Lun aluminum opened at 2022 US dollars / ton, the Asian market began to rise slightly higher 2036.
    5 US dollars / ton, and then fell back to the daily average at a narrow range of oscillation, in the afternoon Lun aluminum tried to test again, entering the European trading session to touch 2043 US dollars / ton, and then fell back below the daily average, then Lun aluminum opened a wide range shock mode, the end of the session low once touched 2012 US dollars / ton, and finally closed at 2024 US dollars / ton, the position increased by 15,003 hands to 666,000 hands, and the bears tried to enter the market, It is expected that today's Lun aluminum will continue to maintain a high level of volatility, and the operating range is 2005~2035 US dollars / ton
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 1981 US dollars / ton, which was 12.
    75 US dollars / ton discount from the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    73 (import ratio was 8.
    31), and the import loss was 1082 yuan / ton; The actual ratio of the Shanghai aluminum contract to the Lun aluminum contract in March was 7.
    98 (the import ratio was 8.
    31), and the import loss was 662 yuan / ton
    .

    In terms of news, boosted by the sharp rise in domestic Shanghai aluminum, Lun aluminum was strong and volatile during the Asian session, but the geopolitical crisis of the United States and North Korea intensified, and global risk aversion heated up, and finally Lun aluminum closed down $4 / ton to 2024 US dollars / ton, down 0.
    20%.

    It is expected that aluminum prices are expected to run
    weakly today.

     

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