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January 10 Lun aluminum afternoon review

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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Overnight Lun aluminum opened at 1798 US dollars / ton, the Asian session hovered around 1803 US dollars / ton after falling, the European market first explored the low of 1794 US dollars / ton, and then because the news indicates that next week China and the United States will sign the first phase of economic and trade agreements, macro trading atmosphere improved, Lun aluminum low rose all the way to 1817 US dollars / ton high, and then although giving up most of the rise but still closed at 1804 US dollars / ton recorded a small white line, up 3.
5 US dollars / ton, or 0.
19%, the daily MACD line turned from red to green, It is expected to run at $1790-1820/mt
today.

Lun aluminum

The tension between the United States and Iran cooled, the three major stock indexes in the United States hit a record high on Thursday, boosting the commodity market, overnight London aluminum was strong and volatile, the latest closing quotation of 1804 US dollars / ton, up 3 US dollars, or 0.
19%, the trading volume of 12670 lots decreased by 3585 lots, and the position 712072 increased by 6635 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 1425575 metric tons of the latest inventory of London aluminum on January 09, a decrease of 13,725 metric tons, or 0.
95%, from the previous trading day, and a cumulative decline of 4.
18%
in the last 13 trading days.

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