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    Home > Chemicals Industry > New Chemical Materials > September 24 Lun aluminum afternoon review

    September 24 Lun aluminum afternoon review

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Overnight, Lun aluminum opened at 1788.
    5 US dollars / ton
    in the morning.
    During the Asian session, Lun aluminum touched a high of $1791 / ton at noon, and then went below $1785 / ton in a sideways line; During the European session, the US dollar index continued to rise, and Lun aluminum fell below the 20/40 daily moving average, touching 1777 US dollars / ton at a low level; From the end of the European market to the North American trading session, Lun Aluminum tried to bottom out and rebound, showing a wide range of volatility, and finally closed at 1785 US dollars / ton, down 3 US dollars / ton, mainly long positions reduced
    .
    It is expected that intraday aluminum shock operation at 1770-1830 US dollars / ton
    .

    Lun aluminum

    Weak manufacturing data in the euro area once again triggered global growth concerns, pushing the dollar to rise to curb the rebound in aluminum prices, overnight aluminum volatility steady, the latest closing quotation of 1786 US dollars / ton, unchanged from the previous trading day's settlement price, the volume of 8597 lots increased by 666 lots, the position 773964 lot decreased by 3890 lots
    .

    In terms of inventory, the London Metal Exchange (LME) reported 895625 metric tons of London aluminum on September 23, a decrease of 2275 metric tons, or 0.
    25%, from the previous trading day, and a cumulative decrease of 2.
    99%
    in the last 11 trading days.

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