 Home > Chemicals Industry > New Chemical Materials > May 14 Lun aluminum morning review

May 14 Lun aluminum morning review

 Last Update: 2022-12-10
 Source: Internet
 Author: User

Tags

number protons aluminum

aluminum brain

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On Friday, Lun aluminum opened at 2323 US dollars / ton, after the opening into a downward rhythm, at the low level of the European market once touched 2263.
5 US dollars / ton, closed at 2274.
5 US dollars / ton, the United States postponed sanctions after Rusal and China's aluminum exports continued to maintain a high level, overseas supply tension has eased, Lun aluminum rally converged, macro environment, after this week's dollar rally, profit buying has signs of leaving the market, this week the dollar may be able to give up part of the rise to support Lun Aluminum, It is expected that today's London aluminum operating range is 2260~2300 US dollars / ton, and the overall volatility is still higher than that of Shanghai aluminum
.

Lun aluminum

The recent Rusal incident has calmed down, the market has re-looked for new trading logic, and the focus of the aluminum market has shifted to inflation expectations and supply and demand fundamentals
in the industry.
Crude oil has risen sharply in recent days, macro logic is choosing between inflation expectations and interest rate shocks, and short-term market sentiment may be unstable
.
From the disk point of view, the trend of London aluminum in the past two days is not good, last week's lower shadow low 2280 support may be broken, if it breaks, the pattern will weaken
.

Due to technical corrections, Lun aluminum fell again overnight, downstream destocking continued, good support for aluminum prices, the early increase was obvious, it is expected that Lun aluminum will remain weak and volatile
today.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.