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    Home > Chemicals Industry > New Chemical Materials > July 27 Lun aluminum morning review

    July 27 Lun aluminum morning review

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2067 US dollars / ton, the opening rushed up 2092 US dollars / ton, then Lun aluminum encountered resistance to the center of gravity falling, into the European trading session, Lun aluminum touched the lower position of 2056, rebounded, but subject to the 20-day moving average, oscillating below the 20-day moving average, the night US index rose from around 94.
    2 to around 94.
    7, Lun aluminum fell back under pressure to test the low of 2053 US dollars / ton, the lower 10-day moving average has support, Lun aluminum repair decline closed at 2068 US dollars / ton
    .

    Lun aluminum

    In terms of trade, the United States and Europe are optimistic about trade negotiations, and market confidence has greatly increased
    .
    Watch for China's trade measures with the United States, the progress of the United States in imposing additional tariffs on China by $16 billion, and the issue of
    auto tariffs between the United States and Europe.
    In terms of currency, the central bank's unexpected record MLF operation gave market monetary easing expectations, and it was positive for the market that had been very worried about the domestic economy in the early stage
    .

    LME stocks fell by 1,625 tonnes to 1,207,600 tonnes, and LME stocks began a continuous decline mode
    .
    The 5/20 daily moving average tends to stick into the oscillating center line, and the material is oscillating aluminum, running 2052~2080 US dollars / ton
    within the day.

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