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    Home > Chemicals Industry > New Chemical Materials > March 26 Lun aluminum morning review

    March 26 Lun aluminum morning review

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    On Friday, Lun aluminum opened at 2068 US dollars / ton, the Asian session London aluminum around the daily average narrow range, the trend is relatively light, into the European trading session London aluminum inertia first suppressed and then rose, the low touched 2057 yuan / ton and then returned to the daily average above the shock finishing, the trading volume is low, after 23:00 in the evening, Lun aluminum suddenly released the amount of leakage, the low once touched 2049 US dollars / ton, closed at 2054 US dollars / ton, the position increased by 11300 hands to 670,000 hands, short positions are dominant
    。 Today's European daylight saving time, LME 8:00 opens, it is expected that today's Lun aluminum low volatility, the operating range of 2045 ~ 2065 US dollars / ton
    .

    Lun aluminum

    Base metals fell broadly over the following week as the threat of an escalating global trade war caused market panic, and a sharp plunge in U.
    S.
    stocks on Friday weighed on sentiment in commodity markets, with investors worried that slowing global economic growth would weaken metal demand, and most of the losses are expected to extend today
    .

    Dragged down by the fall of the whole line of external metals, the trend of London aluminum has pulled back again, and it has fallen below the $2100 mark, coupled with the current weakening of the fundamental situation is not overly optimistic, coupled with the US dollar index continues to be strong, Lun aluminum short-term benefits are very limited, but the medium and long-term supply-side reform to reduce production capacity optimism is still there, Lun aluminum short-term will continue to fluctuate in a narrow range, it is difficult to improve significantly in the short term
    .

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