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    Home > Chemicals Industry > New Chemical Materials > August 24 Lun aluminum morning review

    August 24 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2080.
    5 US dollars / ton, the Asian session Lun aluminum weak shock, continue to test the 5-day moving average of 2072 US dollars / ton first-line support, into the European trading session Lun aluminum volume accelerated downward, pierced the 10-day moving average low touched 2056.
    5 US dollars / ton, then the 10-day line support first appeared, Lun aluminum low rose back to repair the decline in the European trading session, the State Council in the evening again mentioned production capacity to boost bulls' confidence, Lun aluminum followed Shanghai aluminum sharply pulled up the high to break through the 2100 US dollars / ton integer mark, Touched 2122 US dollars / ton, closed at 2109 US dollars / ton, it is expected that today's Lun aluminum wide range fluctuated at 2085 ~ 2120 US dollars / ton
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 2105 US dollars / ton, which was 11.
    5 US dollars / ton higher than the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    71 (import ratio was 8.
    26), and the import loss was 1234 yuan / ton; The actual ratio of the Shanghai aluminum 3 contract to the London aluminum March contract was 7.
    91 (import ratio was 8.
    26), and the import loss was 725 yuan / ton
    .

    In terms of news, the continuous decline in U.
    S.
    crude oil inventories stimulated the rise in international oil prices and the decline in the US dollar index to support aluminum prices, while the State Council required to promote electrolytic aluminum and other industries to reduce production and production, Shanghai aluminum night trading soared again, it is expected that today's domestic spot aluminum prices or actively followed
    .

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