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October 27 Lun aluminum noon review

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

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Lun aluminum afternoon commentary: oil prices soared and the dollar was sold off, and Lun aluminum soared more than 5% overnight; China's real estate policy is favorable to support market risk sentiment, Yunnan's power problems are still there, supply is still unstable, and aluminum is expected to rise
.

Lun aluminum

Oil prices soared dollar was sold off, market confidence regained and boosted metal demand good, overnight Lun aluminum trend is strong, overnight all the way up strongly, the latest closing quotation of 2330 US dollars / ton, closed up 115 US dollars, or 5.
19%, the volume of 17909 lots increased by 4807 lots, and the position 570421 lots decreased by 13872 lots
.
In the evening, Shanghai aluminum ran at a high level, and the latest opening price of the main monthly 2211 contract was 18,750 yuan / ton, up 105 yuan, or 0.
56%.

The London Metal Exchange (LME) reported its latest inventory of 574,075 metric tons on October 26, an increase of 4,575 metric tons, or 0.
80%,
from the previous trading day.

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