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August 30 Lun aluminum afternoon review

 Last Update: 2022-12-12
 Source: Internet
 Author: User

Tags

inventory

lfa 1 24

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Overnight Lun aluminum performance eye-catching, the center of gravity moved up, the highest intraday rose to 2178, a new high in nearly two months, and closed up more than 1% at the end of the day, cautiously bullish, above the 2200 mark pressure
.

Lun aluminum

In terms of inventory, the London Metal Exchange (LME) reported 1075750 metric tons of London aluminum on August 29, down 13,525 metric tons, or 1.
24%, from the previous trading day's inventory, and fell 11.
25%
in the last 25 trading days.

The dollar index fell for four consecutive trading days, and the double support of the continuous decline in Lun aluminum inventories, Lun aluminum fluctuated upward overnight, and the latest closing price was 2157 US dollars / ton, up 24 US dollars, or 1.
13%.

Market consumption has not improved, and the impact of international trade frictions and political situation cannot be ignored, beware of the risk of a fall, wait and see
.

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