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April 15 Lun aluminum afternoon commentary

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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The pace of economic growth in the United States accelerated, overnight London aluminum shock closed up more than 1% to a three-year high, China's aluminum production is facing the risk of disruption, peak season demand is still expected to be good, it is expected that aluminum will rise
today.

Lun aluminum

Futures market: The pace of U.
S.
economic growth accelerated, the Fed's Beige Book said that from a "slight recovery" to a "moderate recovery", overnight London aluminum volatility rose to a three-year high, the latest closing quotation of 2328 US dollars / ton, up 23 US dollars, or 1.
02%, the volume of 12485 hands increased by 1632 lots, and the position 706487 increased by 5473 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 1833550 metric tons of London aluminum on April 14, down 8,025 metric tons, or 0.
44%,
from the previous trading day.

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