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Lun aluminum afternoon commentary: geopolitical risks escalated, overnight Lun aluminum closed up 2.
16% and hit a new high; The shortage of overseas energy continues to aggravate supply concerns, and the seasonal consumption of domestic downstream picks up, and aluminum may rise
slightly today.
Geopolitical risk escalation, boosting aluminum prices upward, Lun aluminum updated a new record high, overnight Lun aluminum high volatility, the latest closing quotation of 3365 US dollars / ton, closed up 71 US dollars, an increase of 2.
16%, the volume of 34647 lots increased 19941 lots, the position 668308 lots decreased by 1721 lots
.
In the evening, Shanghai aluminum opened high and low and closed positive at the end of the day, and the latest closing price of the main monthly 2204 contract was 22845 / ton, up 5 yuan, or 0.
02%.
The London Metal Exchange (LME) reported 824,150 metric tons of London aluminum on February 24, down 9,750 metric tons, or 1.
17%,
from the previous trading day.