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August 24 Lun aluminum afternoon review

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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Lun aluminum afternoon comment: the US index weakened and oil prices soared, and Lun aluminum closed up 1.
65% overnight; The downward revision of domestic LPR boosted market confidence, and the news of the shutdown of domestic and foreign aluminum plants slowed down supply pressure, and aluminum is expected to rise
today.

Lun aluminum

The U.
S.
index weakened and oil prices soared, stimulating commodity prices to strengthen, overnight London aluminum volatility climbed, the latest closing quotation of 2428 US dollars / ton, closed up 39 US dollars, or 1.
65%, the volume of 13672 lots increased 2376 lots, the position of 593254 lots increased 721 lots
.
In the evening, Shanghai aluminum jumped high, and the night trading was stronger, and the latest closing price of the main monthly 2209 contract was 18840 yuan / ton, up 245 yuan, or 1.
32%.

London Metal Exchange (LME) on August 23, the latest inventory of London aluminum reported 271,450 metric tons, down 1875 metric tons, or 0.
69%,
from the previous trading day.

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