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    Home > Chemicals Industry > New Chemical Materials > October 22 Lun aluminum afternoon review

    October 22 Lun aluminum afternoon review

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 1736 US dollars / ton in the morning, and the Asian trading session briefly tested a high of 1741 US dollars / ton after hovering at 1737 US dollars / ton line, fell below all moving averages in the afternoon to test down 1727.
    5 US dollars / ton, entered the European trading session and began to climb all the way along the 5-day moving average from the low, and again the upward weight was blocked around 1745 US dollars / ton, the upper pressure turned back, all the way down to around 1721 US dollars / ton, closed at 1724 US dollars / ton, closed at the small black line, Giving up all the gains of the previous day and returning to a sideways stance, it is expected to run in the range of $1710-1750/mt today
    .

    Lun aluminum

    The US dollar index stopped falling and rebounded slightly to suppress aluminum prices, overnight Lun aluminum rushed back down, the latest closing quotation of 1724 US dollars / ton, down 12 US dollars, or 0.
    69%, the volume of 8206 hands decreased 920 lots, and the position volume 744673 increased by 223 lots
    .

    In terms of inventory, the London Metal Exchange (LME) reported 974625 metric tons of London aluminum on October 21, down 2,500 metric tons, or 0.
    26%, from the previous trading day, and the cumulative decline of 1.
    14%
    in the last four trading days.

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