Lun aluminum afternoon comment: the weakening of the US dollar touched a three-week low, and Lun aluminum closed up 0.
71% the next week; Overseas energy prices are high to smelter production reduction, downstream off-season factors are obvious, market transactions are not optimistic, and aluminum may fall
today.
The weakening of the dollar touched a three-week low, the release of mixed economic data in the United States, investors' fears of recession temporarily exceeded concerns about inflation, the next week London aluminum volatility was strong, the latest closing quotation of 2483 US dollars / ton, closed up 18 US dollars, or 0.
71%, the volume of 16771 lots increased by 2549 lots, and the position 568431 increased by 5491 lots
.
On Friday evening, after the Shanghai aluminum shock bottomed out, it rebounded and closed in the sun, and the latest closing price of the main monthly 2209 contract was 18695 yuan / ton, up 15 yuan, or 0.
08%.
The London Metal Exchange (LME) reported its latest inventory of 291,025 metric tons on July 29, down 4,300 metric tons, or 1.
46%,
from the previous trading day.
