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    Home > Chemicals Industry > New Chemical Materials > August 3 Lun aluminum morning review

    August 3 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1909 US dollars / ton, the Asian market afternoon before the London aluminum trading center of gravity slightly up, in the afternoon by the domestic aluminum enterprises sharp production reduction news boosted, Lun aluminum rose sharply to touch 1936.
    5 US dollars / ton, but then quickly fell back to the daily average near the daily average, and then oscillated upward, into the European trading session Lun aluminum amplitude intensified, the high touched 1927.
    5 US dollars / ton, the low also once stepped back to 1919 US dollars / ton, the evening London aluminum around the daily moving average oscillation range gradually narrowed, closed at 1926 US dollars / ton, The position volume soared by 31463 lots to 668,000 lots, and it is expected that Lun Aluminum will continue to fluctuate at a high level today, with an operating range of 1917~1933 US dollars / ton
    .

    Lun aluminum

    In the market, on the day, the spot price of Lun aluminum was 1887 US dollars / ton, which was 23 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.
    39), and the import loss was 1769 yuan / ton; The actual ratio of the Shanghai aluminum 3 contract to the London aluminum contract in March was 7.
    76 (the import ratio was 8.
    38), and the import loss was 1199 yuan / ton
    .

    In terms of news, the ADP employment data in the United States, known as "small non-farms", continued to weaken in July, slightly less than expected, manufacturing employment performance hit the worst level since Trump's election, overnight London aluminum intraday higher, closing up $16.
    5 / ton to $1926 / ton, an increase of 0.
    86%.

    Aluminum prices are expected to rise
    today.

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