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    Home > Chemicals Industry > New Chemical Materials > September 15 Lun aluminum morning review

    September 15 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2111 US dollars / ton, Asian noon London aluminum based on 2100 US dollars / ton shock upward, the high touched 2128 US dollars / ton, afternoon Lun aluminum opened the downward mode, straight down did not stop falling, into the European trading session Lun aluminum accelerated the drain, easily fell below the 2100 US dollars / ton integer mark and 20-day moving average, the low recorded 2080 US dollars / ton, then Lun aluminum repaired part of the decline, rebounded to close above the 20-day moving average of 2104 US dollars / ton
    .
    The trading volume increased by 1920 lots to 15633 lots, and the position decreased by 964 lots to 716225 lots
    .
    Lun aluminum recorded a long upper and lower shadow, struggling at the 20-day moving average, downside risk increased, and it is expected to run 2080~2110 US dollars / ton
    within the day.

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 2065 US dollars / ton, which was 29.
    75 US dollars / ton higher than the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    7 (import ratio was 8.
    12), and the import loss was 642 yuan / ton; The actual ratio of the Shanghai aluminum 3 contract to the London aluminum contract in March was 7.
    9 (the import ratio was 8.
    11), and the import loss was 439 yuan / ton
    .

    In terms of news, North Korea launched missiles and flew over Hokkaido, Japan, and market risk aversion heated up; The Bank of England released a hawkish signal, the British pound soared, the market was long and short, overnight aluminum first fell and then rose, and finally fell slightly by $5 / ton to $2104 / ton, down 0.
    24%.

    It is expected that aluminum prices will not fluctuate much
    today.

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