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    Home > Chemicals Industry > New Chemical Materials > May 18 Lun aluminum afternoon review

    May 18 Lun aluminum afternoon review

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1476.
    0 US dollars / ton, the Asian session briefly rushed higher, slightly consolidated above 1480 US dollars / ton, the European session continued to decline, the center of gravity fell to around 1470 US dollars / ton, after a slight adjustment, the US session fell continuously, closing at 1460.
    0 US dollars / ton, down 1.
    08%, the trading volume was reduced to 10,000 lots, and the position increased to 864,000 lots
    .
    Poor economic data such as employment, retail sales and industry in Europe and the United States have caused market concerns, and the weak demand side will continue, and Lun aluminum is approaching the previous low, and it is expected that today's operating range is 1450-1490 US dollars / ton
    .

    Lun aluminum

    LME aluminum inventory surged for two consecutive days, showing weak demand in overseas markets, and the next week Lun aluminum trend was weak, the latest closing quotation of 1460 US dollars / ton, down 16 US dollars, or 1.
    08%, the volume of 10272 lots decreased by 1076 lots, and the position 863759 increased by 12771 lots
    .

    In terms of inventory, the London Metal Exchange (LME) reported 1419675 metric tons of London aluminum on May 15, an increase of 58,100 metric tons, or 4.
    27%,
    from the previous trading day.

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