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November 7 Lun aluminum noon review

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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Overnight, Lun aluminum opened at 1806.
5 US dollars / ton, the Asian trading session volatility was strong, the rally continued until the European trading open, then fell, the lowest to 1805 US dollars / ton, entered the North American trading session, began a new round of shock downward, the low recorded 1796 US dollars / d ton, fell to a low level after rebounding, but at the end of the session to give up, finally closed at 1803 US dollars / ton
.
Lun aluminum lacks continued upward momentum in the short term, a slight pullback, and is expected to run between
1790~1810 US dollars today.

Lun aluminum

The news said that OPEC+ the largest oil producer will not push for further supply cuts when they meet next month, the decline in crude oil prices dragged down commodity market sentiment, overnight Lun aluminum weak shock, the latest closing quotation of 1803 US dollars / ton, down 5 US dollars, down 0.
25%, the volume of 14948 hands decreased 1779 lots, the position 768109 increased by 5170 lots
.

In terms of inventory, the London Metal Exchange (LME) reported the latest inventory of London aluminum on November 06 to 948,600 metric tons, down 2,675 metric tons, or 0.
28%, from the previous trading day, and the cumulative decline of 3.
78%
in the last 16 trading days.

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