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January 5 Lun aluminum noon review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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The expansion of manufacturing activity in the euro area accelerated, and London aluminum closed up $49 overnight, inventories accumulated slightly but remained low overall, and the marginal pressure on near-term production weakened, and aluminum is expected to rise
today.

Lun aluminum

Futures market, Eurozone December manufacturing PMI final value of 55.
2, production growth accelerated to one of the fastest levels in the past 3 years, overnight Lun aluminum rose sharply, the latest closing quotation of 2030 US dollars / ton, up 49 US dollars, or 2.
50%, the volume of 16170 lots increased by 8087 lots, and the position volume 742359 decreased by 3247 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 1340525 metric tons of London aluminum on January 4, down 5,275 metric tons, or 0.
39%,
from the previous trading day.

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