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    Home > Chemicals Industry > New Chemical Materials > February 28 Lun aluminum afternoon review

    February 28 Lun aluminum afternoon review

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    Lun Aluminum afternoon commentary: U.
    S.
    stocks continued to rise, and Lun Aluminum closed up 0.
    45% the next week; Soaring costs in Europe and China's aluminum smelters cut production, domestic resumption of work and production in parallel, but high aluminum prices inhibit downstream demand, and aluminum may fall
    today.

    Lun aluminum

    Due to the uncertainty of US economic data and the Russian-Ukrainian war, traders lowered their bets on the Fed's interest rate hike, so that U.
    S.
    stocks continued to rise, and the next week London aluminum volatility was strong, the latest closing quotation of 3380 US dollars / ton, closed up 15 US dollars, or 0.
    45%, the volume of 20403 lots decreased by 14244 lots, and the position of 668700 hands increased by 492 lots
    .
    Shanghai aluminum opened low on Friday night, and the latest closing price of the main monthly 2204 contract was 22,600 yuan / ton, down 235 yuan, or 1.
    03%.

    The London Metal Exchange (LME) reported 823125 metric tons of London aluminum on February 25, down 1,025 metric tons, or 0.
    12%,
    from the previous trading day.

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