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    Home > Chemicals Industry > New Chemical Materials > August 4 Lun aluminum morning review

    August 4 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1926 US dollars / ton, intraday Lun aluminum shock downward, Asian session and European trading session trend are more certain, the downward probe is more smooth, overnight end of the Lun aluminum stop falling, once rebounded to 1921.
    5 US dollars / ton, but then quickly fell back to the pre-rebound position, the shock closed at 1913 US dollars / ton, the position decreased by 28819 hands to 639,000 hands, the early entry of long positions is the mainstay, it is expected that today Lun aluminum continues to struggle between the moving averages, the operating range is 1910 ~ 1922 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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