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March 17 Lun aluminum afternoon review

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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The US dollar rose continuously and oil prices fell to drag down the commodity market, overnight Lun aluminum closed down $24, hidden inventory huge may impact the market, high prices inhibit downstream demand, is expected to fall today
.

Lun aluminum

Futures market: the recent rise of the US dollar and the continuous decline in oil prices dragged down the commodity market, overnight Lun aluminum high fell back, the latest closing quotation of 2196 US dollars / ton, down 24 US dollars, down 1.
10%, the volume of 12413 lots decreased by 5539 lots, the position 743713 increased by 7561 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 1910650 metric tons of London aluminum on March 16, down 6,075 metric tons, or 0.
32%,
from the previous trading day.

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