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Overnight Lun aluminum opened at 2055.
5 US dollars / ton, Asian session Lun aluminum weak shock, the center of gravity has shifted, into the European trading session, Lun aluminum amplitude intensified, the low once touched 2043.
5 US dollars / ton, and then rebounded to above the daily moving average, night session, non-ferrous metals collective rapid rise, Lun aluminum high recorded 2063.
5 US dollars / ton, and then after the end of the collective jump, Lun aluminum resumed weakness, fell back to close at 2048.
5 US dollars / ton
.
Lun aluminum has been falling all the way, from the technical plate did not see the Lun aluminum stop signal, is expected to run 2035 ~ 2060 US dollars / ton
in the day.
The U.
S.
and China are negotiating on trade issues, and risk aversion has cooled as China, the largest consumer of metals, has eased pressure on the metals market slightly, with most base metals rising
today.
Dragged down by the fall of the outer metal across the board, the trend of Lun aluminum has pulled back again, and it has now reached a new low near $2,000, the current fundamental demand improvement is not as expected, coupled with the US dollar index continues to be strong, Lun aluminum short-term can get very limited benefits, but the medium and long-term supply-side reform to reduce production capacity optimistic expectations are more supportive, it is expected that Lun aluminum short-term will continue to fluctuate in a narrow range, or there is a possibility of continuing a
small pullback.
