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Lun aluminum afternoon commentary: oil prices weakened, overnight Lun aluminum shock fell 3.
12%; The high level of the outer metal fell back to Shanghai aluminum, superimposed on the domestic spot market generally turned to price pressure and wait and see, less mining on demand, it is expected that aluminum will fall
today.
The United States allies put pressure on Russia but countries are divided, and the crude oil exports of the CPC Caspian oil pipeline terminal may partially recover, the United States and its allies are discussing the possibility of further coordinating the release of more oil from reserves, making oil prices under pressure weakened, overnight Lun aluminum shock declined, the latest closing quotation of 3570 US dollars / ton, closed down 115 US dollars, down 3.
12%, the volume of 11532 lots increased by 225 lots, and the position 613608 increased by 1095 lots
.
In the evening, Shanghai aluminum opened low and went low, and the latest closing price of the main monthly 2205 contract was 23055 yuan / ton, down 225 yuan, or 0.
97%.
The London Metal Exchange (LME) reported 684,250 metric tons of London aluminum on March 24, down 5,325 metric tons, or 0.
77%,
from the previous trading day.
