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March 23 Lun aluminum afternoon review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Lun aluminum afternoon commentary: oil prices were lower, and Lun aluminum closed down 0.
47% overnight; The domestic resumption of production is progressing rapidly, and the spot trading atmosphere is still weak, and downstream consumer demand is suppressed by high aluminum prices, and aluminum is expected to fall
today.

Lun aluminum

Oil prices fell as the European Union discussed whether to ban the import of Russian crude oil, but some major members still objected, overnight London aluminum volatility lower, the latest closing quotation of 3506 US dollars / ton, closed down 16 US dollars, or 0.
47%, the volume of 11579 hands decreased 1626 lots, the position of 611227 hands decreased 2043 lots
.
In the evening, the high level of Shanghai aluminum retreated, and the latest closing price of the main monthly 2205 contract was 22870 yuan / ton, down 150 yuan, or 0.
65%.

The London Metal Exchange (LME) reported 695825 metric tons of London aluminum on March 22, down 9,025 metric tons, or 1.
28%,
from the previous trading day.

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