echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > June 1 Lun aluminum morning review

    June 1 Lun aluminum morning review

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Overnight, Lun aluminum opened at 2297.
    5 US dollars / ton, after entering the Asian session, Lun aluminum with the US index pullback oscillated upward, and touched 2281 US dollars / ton
    at a high in the afternoon.
    After entering the European session, the U.
    S.
    index fluctuated downward, Lun aluminum continued to maintain a shock upward to, overnight, Lun aluminum volatility intensified, tried to rush higher, the high touched 2304 US dollars / ton, and then as the US index stabilized and rebounded to close at 2297 US dollars / ton
    .
    The trading volume increased by 1223 lots to 10521 lots, and the position decreased by 11075 lots to 715753 lots
    .
    The average price of London aluminum tightened and staggered, or will seek an upward breakthrough, which is expected to run 2285~2310 US dollars / ton
    within the day.

    Lun aluminum

    In terms of news, the United States announced the imposition of steel and aluminum anti-dumping duties on Ogamo, countries announced retaliatory sanctions, and U.
    S.
    stocks fell, paying attention to follow-up progress
    .
    The Italian populist reconstitution was successful, and the euro continued to rebound slightly against the dollar, but the Eurosceptic parties in Italy and Spain were in power, and there was still greater uncertainty in the later period, which was not good
    for the euro.

    Many countries hit steel and aluminum tariffs, supply worries appeared, Lun aluminum night trading slightly upward change little, the current fundamentals remain stable, but the impulse momentum is still weak, the technical moving average trend is more staggered, it is expected that today's Lun aluminum continues to fluctuate, waiting for further news guidance
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.