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Lun aluminum afternoon comment: Rusal is still expected to be sanctioned, and Lun aluminum closed up 2.
35% the next week; The domestic market supply is more sufficient, and the downstream operating rate is relatively limited, but the correction of aluminum prices is conducive to the release of consumer demand, and it is expected that aluminum will fall
slightly today.
Because the situation in Russia and Ukraine is still grim, Europe and the United States continue to increase sanctions against Russia, resulting in the expectation of sanctions against Rusal, the next week Lun aluminum shock strengthened, the latest closing quotation of 3480 US dollars / ton, closed up 80 US dollars, an increase of 2.
35%, the volume of 11230 hands decreased by 6888 lots, and the position of 662020 hands increased by 3079 hands
.
On Friday evening, Shanghai aluminum opened high and lower, and then closed sideways, and the latest closing price of the main monthly 2204 contract was 21950 yuan / ton, up 25 yuan, or 0.
11%.
The London Metal Exchange (LME) reported 755,950 metric tons of aluminum on March 11, down 6,825 metric tons, or 0.
89%,
from the previous trading day.