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    Home > Chemicals Industry > New Chemical Materials > July 20 Lun aluminum morning review

    July 20 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1928.
    5 US dollars / ton, the center of gravity of Lun aluminum moved slightly down, touched the 5-day moving average low record of 1925 US dollars / ton, then Lun aluminum opened a rebound rapid upward, into the European trading session, Lun aluminum around the daily average high oscillation, the high recorded 1939.
    5 US dollars / ton, the night U.
    S.
    two housing data is better than expected, the U.
    S.
    index touched a low recovery, commodities under pressure, Lun aluminum high fell, down 1915 US dollars / ton, the end of the session low shock closed at 1920 US dollars / ton
    。 The trading volume decreased by 3379 lots to 9467 lots, and the position volume decreased by 13755 lots to 633839 lots
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 1936 US dollars / ton, which was 26.
    25 US dollars / ton higher than the March contract; Lun aluminum inventory was 1.
    3691 million tons, down 4225 tons from the previous day; the aluminum inventory in the previous period was 362,000 tons, an increase of 149 tons from the previous day; measured by the closing price of Shanghai aluminum, the actual ratio of Shanghai aluminum even 3 contract to Lun aluminum March contract was 7.
    5 (import ratio was 8.
    42), and the import loss was 1554 yuan / ton
    .

    In terms of news, the market was more cautious before the European interest rate meeting, the dollar consolidated, and London aluminum closed down $10/ton to $1920/ton, down 0.
    52%.

    Aluminum prices are expected to run
    strongly today.

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