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October 14 Lun aluminum afternoon review

 Last Update: 2022-12-23
 Source: Internet
 Author: User

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Lun aluminum afternoon comment: crude oil retreated, overnight Lun aluminum fell against the market to close 11 US dollars lower; The aluminum market is tight supply, but the power supply crisis has triggered smelter production cuts, and the upward trend of aluminum prices has been limited, and spot aluminum may fall
slightly today.

Lun aluminum

Overnight, Lun aluminum fell against the market, closing at 3055 US dollars / ton, down 11 US dollars, or 0.
36%, the trading volume of 21446 hands decreased by 1071 lots, and the position 680109 increased by 5882 lots
.
In the evening, Shanghai aluminum futures fell across the board, and the Shanghai aluminum 2110 contract opened high and low, closing at 23400 at night down 205, down 0.
87%.

London Metal Exchange (LME) on October 13, the latest inventory of London aluminum reported 1,128,500 metric tons, down 9,175 metric tons, or about 0.
81%,
from the previous trading day.

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