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May 12 Lun aluminum afternoon review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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strong energy

short term energy

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Lun aluminum afternoon commentary: European natural gas continued to rise, overnight Lun aluminum closed up 0.
42%; Overseas refinery production cuts have once again triggered supply concerns, and the improvement in domestic electric vehicle sales has also boosted market confidence, and aluminum may rise
today.

Lun aluminum

European natural gas continued to rise, due to the reduction of Russian natural gas exports, and the announcement of sanctions against some European gas companies, increased the uncertainty of the global energy market, overnight London aluminum shock is strong, the latest closing quotation of 2782 US dollars / ton, closed up 12 US dollars, or 0.
42%, the volume of 14155 hands decreased 2143 lots, the position 595546 lot decreased 704 lots
.
In the evening, Shanghai aluminum short-term rushed high and volatile, and the latest closing price of the main monthly 2206 contract was 20370 yuan / ton, up 350 yuan, or 1.
75%.

The London Metal Exchange (LME) reported 553925 metric tons of London aluminum on May 11, down 6,350 metric tons, or 1.
13%,
from the previous trading day.

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