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February 18 Lun aluminum afternoon review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Lun Aluminum afternoon comment: market sentiment was cautious, and Lun Aluminum rose slightly by $9 overnight; The release of overseas aluminum production capacity continues to be limited, and domestic downstream consumption is expected to pick up driven by real estate infrastructure and other projects.

Lun aluminum

Market sentiment was cautious, the Russia-Ukraine conflict overshadowed the market's concerns about the Fed's tightening policy plan, overnight Lun aluminum closed under pressure at the end of the day, the latest closing quotation of 3258 US dollars / ton, closed up 9 US dollars, or 0.
26%, the volume of 13504 lots decreased 844 lots, and the position 662271 decreased by 2611 lots
.
In the evening, Shanghai aluminum fluctuated higher, and the latest closing price of the main monthly 2203 contract was 22770 yuan / ton, up 105 yuan, or 0.
46%.

The London Metal Exchange (LME) reported 855525 metric tons of London aluminum on February 17, down 1,700 metric tons, or 0.
20%,
from the previous trading day.

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