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    Home > Chemicals Industry > New Chemical Materials > July 19 Lun aluminum afternoon review

    July 19 Lun aluminum afternoon review

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    London aluminum afternoon comment: the US dollar weakened to support metals, overnight London aluminum closed up 3.
    72%; Favorable policies help the property market, market sentiment has improved, aluminum downstream storage is replenished at a low level, aluminum ingot destocking is expected to accelerate, and aluminum may rise
    today.

    Lun aluminum

    The weakening of the dollar supported the metal, superimposed on the market to reduce the Fed's expectations of aggressive interest rate hikes, overnight London aluminum trend was strong, the latest closing quotation of 2427 US dollars / ton, closed up 87 US dollars, or 3.
    72%, the volume of 20112 lots increased by 6781 lots, and the position volume of 597930 lots increased by 3567 lots
    .
    In the evening, Shanghai aluminum opened higher, and the latest closing price of the main monthly 2208 contract was 18245 yuan / ton, up 650 yuan, or 3.
    69%.

    The London Metal Exchange (LME) reported its latest inventory of 328,500 metric tons on July 16, down 4,500 metric tons, or 1.
    35%,
    from the previous trading day.

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