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June 2 Lun aluminum afternoon commentary

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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Lun aluminum afternoon commentary: the dollar continued to climb, overnight Lun aluminum closed down 2.
33%; China is still focusing on the recovery of the epidemic and market sentiment is affected by the aluminum ingot pledge event in the short term, coupled with the steady release of supply-side production, it is expected that aluminum will remain stable
today.

Lun aluminum

Overseas liquidity continues to tighten, prompting the dollar to continue to rise, containing non-ferrous metal prices, overnight London aluminum weak shock, the latest closing quotation of 2724 US dollars / ton, closed down 65 US dollars, down 2.
33%, the volume of 21044 hands increased 6016 lots, the position 586281 increased by 1941 lots
.
In the evening, Shanghai aluminum rushed back down, and the latest closing price of the main monthly 2207 contract was 20295 yuan / ton, down 25 yuan, or 0.
12%.

The London Metal Exchange (LME) reported 453875 metric tons of London aluminum on June 1, down 5,000 metric tons, or 1.
01%,
from the previous trading day.

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