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September 29 Lun aluminum noon review

 Last Update: 2022-12-26
 Source: Internet
 Author: User

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Lun aluminum afternoon commentary: oil prices soared to boost commodities, overnight Lun aluminum closed up 1.
57%; High energy costs in Europe have caused Euro-Aluminum to sharply reduce production capacity, and the dry period in Yunnan and the cost of coal power are more than expected, and aluminum is expected to rise
.

Lun aluminum

Oil prices soared to boost commodities, dollar and Treasury bond yields fell, oil prices were boosted, rose 5% for two consecutive days, returned to above the 80 mark, and market demand rebounded, overnight Lun aluminum straight up, the end of the close higher, the latest closing quotation of 2135 US dollars / ton, closed up 33 US dollars, or 1.
57%, the volume of 17455 hands increased by 3918 lots, and the position 579229 increased by 1065 lots
.
In the evening, Shanghai aluminum rebounded at a low level, and the late session was strong and volatile to close in Zhongyang, and the latest opening price of the main monthly 2211 contract was 18045 yuan / ton, up 70 yuan, or 0.
39%.

London Metal Exchange (LME) on September 28, the latest inventory of London aluminum reported 335,625 metric tons, down 1800 metric tons, or 0.
53%,
from the previous trading day.

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