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    Home > Chemicals Industry > New Chemical Materials > July 18 Lun aluminum morning review

    July 18 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight London aluminum Asian session opened at 1927 US dollars / ton, with the domestic aluminum price running strong, Lun aluminum continued the shock upward trend, the Asian session high recorded 1940.
    5 US dollars / ton, overseas markets continue to digest domestic production reduction information driven, the 5-day moving average again crossed the 60-day line, the high recorded 1941 US dollars / ton, the night crude oil index fell, Shanghai aluminum high fell, Lun aluminum lost support, the high fell, the low touched 1898 US dollars / ton, the end of the repair part of the decline, closed at 1912 US dollars / ton, The trading volume increased by 5511 lots to 13318 lots, and the position decreased by 521 lots to 654307 lots
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of Lun aluminum was 1936 US dollars / ton, which was 18.
    75 US dollars / ton higher than the March contract; The inventory of aluminum in London was 1.
    3783 million tons, down 3,975 tons from the previous day; the inventory of aluminum in the previous period was 359,700 tons, an increase of 4,886 tons from the previous day; measured by the closing price of Shanghai aluminum, the actual ratio of the Shanghai aluminum contract to the March contract of London aluminum was 7.
    48 (import ratio was 8.
    43), and the import loss was 1667 yuan / ton
    .

    In terms of news, the Eurozone economic sentiment index performed well, the euro was boosted, and the dollar fluctuated low; Production or increase in key oil-producing countries dragged down oil prices, and overnight aluminum first rose and then fell, and finally fell by $13.
    5 / ton to $1912.
    5 / ton, a decline of 0.
    70%.

    It is expected that today's aluminum prices are expected to fluctuate
    .

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