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November 2 Lun aluminum noon review

 Last Update: 2022-12-20
 Source: Internet
 Author: User

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The European economic rebound was stronger than market expectations, the next week London aluminum closed up more than 2.
4%, consumption remained stable and inventories remained low, processing enterprise operating rate has not yet declined significantly, aluminum is expected to rise
today.

Lun aluminum

Eurozone GDP in the third quarter increased by 12.
7% month-on-month, the economic rebound was stronger than market expectations, and the next week London aluminum rose sharply, the latest closing quotation of 1848 US dollars / ton, up 44 US dollars, or 2.
44%, the volume of 16060 lots increased by 4204 lots, and the position 743333 lot decreased by 247 lots
.

In terms of inventories, the London Metal Exchange (LME) reported 1462925 metric tons of London aluminum on October 30, an increase of 175 metric tons, or 0.
01%,
from the previous trading day.

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