echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > September 1 Lun aluminum afternoon commentary

    September 1 Lun aluminum afternoon commentary

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Lun aluminum afternoon comment: the US dollar remained strong, and Lun aluminum closed down 0.
    88% overnight; Alcoa released the news of production cuts, and there are no more plans to resume production on the supply side in China, and the consumption side in South China and other places has improved slightly, and aluminum is expected to rise
    slightly.

    Lun aluminum

    The dollar remained strong, meaning that the metal priced in the dollar was more expensive, so that demand and metal prices continued to be suppressed, overnight London aluminum volatility weak, the latest closing quotation of 2363 US dollars / ton, closed down 21 US dollars, down 0.
    88%, the volume of 19931 lots increased by 766 lots, the position 595087 lots decreased by 3440 lots
    .
    In the evening, Shanghai aluminum opened low and then rushed high and oscillated, closing up at the end of the day, the latest closing price of the main month 2210 contract was 18380 yuan / ton, up 35 yuan, or 0.
    19%.

    The London Metal Exchange (LME) reported its latest inventory of 277,050 metric tons on August 31, down 3,425 metric tons, or 1.
    22%,
    from the previous session.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.