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January 24 Lun aluminum afternoon review

 Last Update: 2022-12-24
 Source: Internet
 Author: User

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Lun aluminum afternoon commentary: the Fed accelerated the tightening of policy, and Lun aluminum closed down $92 the next week; Domestic electrolytic aluminum stocks ended the trend of destocking, alumina supply recovered, and consumption on the eve of the Spring Festival was weak, and aluminum may fall.

Lun aluminum

The Fed central bank became more hawkish, while accelerating the pace of tightening policy to curb high inflation, the next week London aluminum trend weakened, the latest closing quotation of 3023 US dollars / ton, closed down 92 US dollars, down 2.
03%, the volume of 20807 lots increased 2912 lots, the position 644671 increased 2979 lots
.
Shanghai aluminum fell on Friday night, and the latest closing price of the main monthly 2203 contract was 21220 yuan / ton, down 305 yuan, or 1.
42%.

The London Metal Exchange (LME) reported its latest inventory of 865,950 metric tons on January 21, down 7,700 metric tons, or 0.
88%,
from the previous trading day.

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