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    Home > Chemicals Industry > New Chemical Materials > July 11 Lun aluminum morning review

    July 11 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1929 US dollars / ton, Asian market noon London aluminum around the daily moving average oscillation, slightly touched 1934.
    5 US dollars / ton, the afternoon by the domestic market and precious metals plunge dragged down, Lun aluminum rapid leakage, into the European trading session, Lun aluminum around the 5-day moving average below the struggle, but because of the increase in Lun aluminum inventory by 900 tons, for the first time in recent times to increase inventory, Lun aluminum finally difficult to stop falling, continue to leak, fell below the bottom 20-day moving average, the low touched 1892.
    5 US dollars / ton, the end of the repair of part of the decline, Closed at $1896/mt
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of Lun aluminum was 1936 US dollars / ton, which was 14 US dollars / ton higher than the March contract; Lun aluminum inventory was 1.
    383 million tons, an increase of 900 tons from the previous day; the aluminum inventory in the previous period was 332,400 tons, an increase of 672 tons from the previous day; measured by the closing price of Shanghai aluminum, the actual ratio of Shanghai aluminum 3 contract to Lun aluminum March contract was 7.
    37 (import ratio was 8.
    48), and the import loss was 2006 yuan / ton
    .

    Lun aluminum a long black line, fell all the gains in July, and for the downward trend of increasing positions, market sentiment reversed, today or a slight technical repair, test the support of the 20-day moving average, is expected to run 1888~1911 US dollars / ton
    within the day.

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