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November 3 Lun aluminum afternoon review

 Last Update: 2022-12-26
 Source: Internet
 Author: User

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Lun aluminum afternoon comment: the Fed is hawkish, overnight Lun aluminum closed down 0.
31%; Macro pressure was slightly released, there was disturbance on the supply side, and the arrival of goods was slow under the influence of the epidemic in Xinjiang, but the downstream is waiting and seeing, and it is expected that aluminum will stabilize
.

Lun aluminum

It is too early for the Fed to say that it is too early to suspend interest rate hikes to combat rising consumer prices, but it also said that the future rate hike may be smaller, overnight Lun aluminum shock consolidation closed slightly negative, the latest closing quotation of 2250 US dollars / ton, closed down 7 US dollars, down 0.
31%, the volume of 11596 lots decreased 123 lots, the position 571937 lots decreased 653 lots
.
In the evening, Shanghai aluminum opened low and high, closing slightly higher at the end of the day, and the latest opening price of the main monthly 2212 contract was 17925 yuan / ton, up 60 yuan, or 0.
34%.

The London Metal Exchange (LME) reported its latest inventory of 581,050 metric tons on November 2, down 2,925 metric tons, or 0.
50%,
from the previous trading day.

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