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June 10 Lun aluminum afternoon review

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

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Lun Aluminum afternoon commentary: U.
S.
bonds and the US dollar both strengthened, and Lun Aluminum closed down 2.
68% overnight; Domestic trade data in May is good, aluminum exports increased by more than half year-on-year, but the supply is steadily increasing, downstream transactions are cautious, and aluminum may fall
today.

Lun aluminum

U.
S.
bonds and the US dollar both strengthened, increasing the rise of risk aversion, overnight London aluminum volatility weakened, the latest closing quotation of 2760 US dollars / ton, closed down 76 US dollars, down 2.
68%, the volume of 14610 hands increased by 1432 lots, the position 572778 decreased by 331 lots
.
In the evening, Shanghai aluminum weakened the trend, the latest closing price of the main month 2207 contract was 20550 yuan / ton, down 320 yuan, or 1.
53%.

London Metal Exchange (LME) on June 9, the latest inventory of London aluminum reported 430,050 metric tons, down 3,950 metric tons, or 0.
91%,
from the previous trading day.

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