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    Home > Chemicals Industry > New Chemical Materials > August 27 Lun aluminum morning review

    August 27 Lun aluminum morning review

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2070 US dollars / ton, Asian session, the low bottom touched 2063.
    5 US dollars / ton Lun aluminum to open a shock upward mode, as of 15:00 Lun aluminum reported 2080 US dollars / ton
    .
    Entering the European trading session, Lun aluminum maintained a narrow range of oscillation, as of 21:00 Lun aluminum was reported at 2084 US dollars / ton
    .

    Lun aluminum

    The U.
    S.
    index weakened overnight, nonferrous metals got a boost, bulls continued to push higher to touch $2109 / ton, and the bulls closed their positions at $2084 / ton
    at the end of the session.
    The chairman of the Federal Reserve once again emphasized the gradual increase in interest rates, did not hint at accelerating the pace of interest rate hikes, the US index fell sharply, and the colored metals gained upward momentum
    .
    Today is the UK summer bank holiday, the LME is closed
    .

    On the news, a spokesman for the US State Department said that the sanctions against Russia announced by the United States for alleged use of chemical weapons took effect on August 27, and aluminum and nickel are closely related to the situation in Russia and the United States, and follow-up progress
    needs to be followed.
    Last week's huge volatility in the non-ferrous sector shows that the current macro political game is still the main volatility factor in the metal market, and aluminum reflects good resistance to decline in the non-ferrous sector shock, currently benefiting from the rise in bauxite costs and the recovery of downstream consumption, you can seize the opportunity
    to pull back and do long.

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