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August 25 Lun aluminum afternoon review

 Last Update: 2022-12-22
 Source: Internet
 Author: User

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Lun aluminum afternoon comment: the US dollar continued to weaken, and Lun aluminum closed up 0.
39% overnight; The problem of domestic power shortage is difficult to solve, inventory is declining, downstream marginal consumption is strengthened, aluminum price support is strong, and spot aluminum or slightly rising
today.

Lun aluminum

The dollar continued to weaken, as risk-related currencies benefited from rising commodity prices, and the market temporarily put aside Delta diffusion concerns, but to measure the data showing a strong recovery of the US economy, overnight Lun aluminum rushed back back after the shock consolidation, the latest closing quotation of 2604 US dollars / ton, closed up 10 US dollars, or 0.
39%, the volume of 17284 lots increased 2690 lots, and the position 650261 lots decreased by 2154 lots
.
In the evening, the Shanghai aluminum shock retreated, and the latest closing price of the main monthly 2110 contract was 20440 yuan / ton, up 30 yuan, or 0.
15%.

The London Metal Exchange (LME) reported 1295125 metric tons of London aluminum on August 24, down 5,125 metric tons, or 0.
39%,
from the previous trading day.

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