echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Crude oil rose, the US index retreated, and Shanghai aluminum rebounded strongly

    Crude oil rose, the US index retreated, and Shanghai aluminum rebounded strongly

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Overnight, Lun aluminum opened at 1581 US dollars / ton, Asian market, Lun aluminum oscillated upward, Asian market touched 1587 US dollars / ton
    .
    Entering the European market, Lun aluminum rushed up to $1595 after the shock fell back to test the low of 1576 US dollars / ton, overnight, OPEC crude oil freezing production meeting factors overshadowed the surge in US crude oil inventories, crude oil rose, the dollar index fell, Lun aluminum rebounded to close at 1590.
    5 yuan / ton
    .
    The volume increased by 161 lots to 12692 lots, and the position decreased by 5567 lots to 804869 lots
    .

    aluminium

    Overnight, the main force of Shanghai aluminum opened at 11305 yuan / ton, the bulls continued to be strong at the beginning of the session, Shanghai aluminum quickly pulled up to touch 11370 yuan / ton, and then was short-term long profit exit, aluminum prices fell back to test 11305 yuan / ton, bears took advantage of the trend to close their positions to avoid safety, aluminum prices rebounded to close at 11340 yuan / ton
    .
    The trading volume decreased by 133,000 lots to 48,732 lots, and the open position decreased by 1,308 lots to 250,420 lots
    .
    The main force of Shanghai aluminum effectively stands on the 5-day moving average, and it is expected that Shanghai aluminum will maintain a strong shock in the near future, running 11300~11420 yuan / ton
    within the day.
    Spot discount 80~40 yuan / ton
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.