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    Home > Chemicals Industry > New Chemical Materials > July 6 Lun aluminum morning review

    July 6 Lun aluminum morning review

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2093 US dollars / ton, the center of gravity of London aluminum continued to move down, the low once touched 2081 US dollars / ton, refreshing a new low in nearly three months, but into the European trading session, the US dollar fell sharply, LME base metals collectively rose and turned red, Shanghai aluminum once rebounded to touch 2112 US dollars / ton, but the 5-day moving average was blocked, Lun aluminum continued to fall, refreshing the recent low, tested 2077.
    5 US dollars / ton, closed at 2080 US dollars / ton
    .

    Lun aluminum

    In terms of news, according to Bloomberg, the US Trade Representative confirmed that tariffs on $34 billion of Chinese goods will begin at 00:01 EST on Friday
    .
    The Federal Open Market Committee released minutes on Thursday, and almost all officials felt that interest rates should continue to be raised regularly to counter those concerns
    , even as trade tensions rise and the yield curve flattens.
    US ADP small nonfarm payrolls rose by 177,000 in June, below expectations of 190,000
    .

    At present, the Sino-US trade dispute is undoubtedly certain, and non-ferrous metals continue to come under pressure
    .
    However, the trade dispute is slightly favorable for aluminum prices, which are stronger than other metals
    .
    Overnight, Lun aluminum fell slightly to a new low,

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