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    Home > Chemicals Industry > New Chemical Materials > May 9 Lun aluminum morning review

    May 9 Lun aluminum morning review

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1904 US dollars / ton, early Lun aluminum slightly down to 1895.
    5 US dollars / ton, then the trading center of gravity slowly moved up, once stepped back at 1901 US dollars / ton, afternoon Lun aluminum fell again, into the European trading session, the dollar rose sharply, Lun aluminum accelerated down, the low recorded 1874 US dollars / ton, boosted by Shanghai aluminum at night, repaired part of the decline to close at 1879.
    5 US dollars / ton
    .
    The trading volume increased by 3200 lots to 16583 lots, and the position increased by 1618 lots to 689382 lots
    .

    Lun aluminum

    In the market, on Monday, the spot price of London aluminum was $1907 / ton, a discount of $7.
    25 / ton from the March contract; The inventory of aluminum in London was 1.
    5923 million tons, down 7,425 tons from the previous day; the aluminum inventory in the previous period was 329,900 tons, an increase of 1,656 tons from the previous day; measured by the closing price of Shanghai aluminum, the actual ratio of the Shanghai aluminum 3 contract to the Lun aluminum March contract was 7.
    24 (the import ratio was 8.
    61), and the import loss was 2514 yuan / ton (excluding financing income).

    In terms of news, non-ferrous metals generally opened higher yesterday, but the early release of China's April import and export data, import and export data fell sharply from March, the data shows that China's domestic demand is still weak, dragged down, non-ferrous metals fell rapidly, and continued to fall
    in overnight trading.
    China's April foreign trade data was less than expected, the market also lacked further news support, bulls made up, the external aluminum price continued to fall, the London Stock Exchange three-month aluminum price fell 1.
    08% on Monday, closing at 1879.
    5 US dollars / ton
    .

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