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May 31 Lun aluminum afternoon review

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

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Lun aluminum afternoon comment: the dollar fell continuously, and Lun aluminum closed up 0.
4% overnight; Domestic policies continue to make efforts, Shanghai is about to lift the short-term demand has improved, electrolytic aluminum social library dematerialization and low inventory support, now aluminum or a small rise
.

Lun aluminum

The dollar fell continuously, hitting a new low since April 26, the improvement of risk appetite in the global market weighed on the safe-haven demand for the dollar, boosting industrial metal prices, overnight London aluminum ran strongly, the latest closing quotation of 2880 US dollars / ton, closed up 11 US dollars, or 0.
40%, the volume of 7230 lots decreased by 600 lots, and the position volume 587742 hands decreased by 8190 lots
.
In the evening, the high of Shanghai aluminum fell, and the latest closing price of the main monthly 2207 contract was 20,740 yuan / ton, down 5 yuan, or 0.
02%.

The London Metal Exchange (LME) reported its latest inventory of 465,700 metric tons on May 28, down 5,375 metric tons, or 1.
14%,
from the previous trading day.

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