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October 29 Lun aluminum afternoon review

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

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Overnight, Lun aluminum opened at $1732/ton
in the morning.
During the Asian session, the trend of Lun aluminum was hesitant, and the shock ran near the 5/10 daily moving average; During the European to North American trading session, the London aluminum plate fluctuated upward in a tangled, reaching as high as $1740 / ton, closing at $1736 / ton, up 0.
14%.

It is expected that Lun aluminum will run at 1720-1750 US dollars / ton in the day, and it is necessary to continue to pay attention to macro marginal changes
.

Lun aluminum

As trade optimism reduced demand for safe-haven currencies, the dollar index turned lower, and London aluminum edged higher overnight, with the latest closing quotation of $1737 / ton, up $3, or 0.
14%, with a volume of 5,767 lots down 630 lots and a position of 753,040 lots up by 5,950 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 963825 metric tons of London aluminum on October 28, down 2,375 metric tons, or 0.
25%, from the previous trading day, and a cumulative decline of 2.
24%
in the last nine trading days.

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