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    Home > Chemicals Industry > New Chemical Materials > September 20 Lun aluminum morning review

    September 20 Lun aluminum morning review

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    Overnight, Lun aluminum opened at 2097 US dollars / ton, and during the Asian session, Lun aluminum rushed up to 2113 US dollars / ton and was hindered, hovering
    around 2100 US dollars.
    Entering the European trading session, the original YOU rose, the center of gravity of London aluminum continued to rise, recording a high of 2136 US dollars / ton, Lun aluminum high was blocked, fell back to the daily moving average to get support, and the rebound closed at 2128.
    5 US dollars / ton
    .
    The trading volume increased by 6467 lots to 15975 lots, and the position decreased by 15038 lots to 703313 lots
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of Lun aluminum was 2067 US dollars / ton, which was 29.
    25 US dollars / ton discount from the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    73 (import ratio was 8.
    13), and the import loss was 588 yuan / ton; The actual ratio of the Shanghai aluminum contract to the Lun aluminum March contract was 7.
    92 (import ratio was 8.
    12), and the import loss was 413 yuan / ton
    .

    In terms of news, before the release of the Fed's September interest rate decision and press conference, the market was more cautious, the US dollar fluctuated intraday, and domestic Shanghai aluminum was boosted by the news of production restrictions based on "compliant capacity" in the heating season, rising slightly
    .
    Lun Aluminum rose $36.
    5/ton to $2128.
    5/ton, an increase of 1.
    74%.

    Shanghai aluminum overnight trading slightly higher, it is expected that today's aluminum prices in the province are expected to fluctuate
    strongly.

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