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    Home > Chemicals Industry > New Chemical Materials > March 10 Lun aluminum afternoon review

    March 10 Lun aluminum afternoon review

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Lun aluminum jumped in the morning to open at 1678 US dollars / ton, the Asian session slowly declined, the end of the Asian market at 1662 US dollars / ton a narrow range of shock, after entering the European trading session Lun aluminum leaked again, stepped down the ladder straight down to 1644 US dollars / ton intraday low, refreshing the lowest point since October 2016; During the European to North American trading session, the London aluminum market fluctuated upward, trying to repair the day's decline, and finally closed at $1694 / ton, up $3.
    5 / ton, or 0.
    21%.

    The daily candlestick closes a long lower shadow small white candlestick, mainly
    with long positions increasing.
    The oil collapse has put pressure on base metals, and Lun aluminum is expected to run at $1650-1710/ton
    intraday.

    Lun aluminum

    Traders expect the Fed to cut interest rates to zero in a few months, the dollar index fell sharply to a more than one-year low, and aluminum bottomed out overnight, with the latest closing quotation of $1689 / ton, up $3, or 0.
    21%, with a volume of 27,781 lots and an increase of 11,839 lots and a 2,986 increase in 737078 positions
    .

    In terms of inventory, the London Metal Exchange (LME) reported 1019950 metric tons of London aluminum on March 9, down 10,800 metric tons, or 1.
    05%, from the previous trading day, and fell 17.
    73%
    in the last 19 trading days.

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