echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > June 17 Lun aluminum afternoon review

    June 17 Lun aluminum afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Friday, Lun aluminum opened at 1786 US dollars / ton in the morning, the early hour line first fell below all moving averages, and after a slight hesitation, it continued to decline, continued to break through the intraday low, and finally closed at the lowest position of the day at 1758 US dollars / ton, down 28 US dollars / ton, down 1.
    57%.

    The daily candlestick closed a barefoot black candle, giving up all the gains in the week, and the daily MACD red bar was significantly shortened
    .
    The U.
    S.
    index rose on Friday, base metals were generally under pressure, and London aluminum also fell
    .
    Intraday aluminum is expected to run at $1750-1830/ton
    .

    Lun aluminum

    On Friday, the US retail sales data was optimistic, the US dollar index climbed sharply to pressure the base metals market, and the next week London aluminum fell under pressure, the latest closing quotation of 1758 US dollars / ton, down 28 US dollars, or 1.
    57%, the volume of 8356 lots increased by 1160 lots, and the position 703048 increased by 3793 lots
    .

    In terms of inventory, the London Metal Exchange (LME) reported 1064625 metric tons of London aluminum on June 14, a decrease of 11,125 metric tons, or 1.
    03%, from the previous trading day, and a cumulative decrease of 16.
    51%
    in the last 26 trading days.

    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.