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London aluminum afternoon comment: economic downside risks put pressure on the euro, the next week London aluminum closed down 0.
73%; Overseas demand has a downward trend, supply and production are still increasing, the market is worried that demand is weakening and consumption recovery is less than expected, and aluminum may fall
today.
Economic downside risks put pressure on the euro, high energy costs, deteriorating terms of trade and residents' disposable income affected by high inflation and many other adverse factors, so that the European economy faces greater uncertainty, the next week London aluminum weak shock, the latest closing quotation of 2450 US dollars / ton, closed down 18 US dollars, down 0.
73%, the volume of 19315 lots increased by 822 lots, the position 570716 lots decreased by 3020 lots
.
Friday night opened low and volatile, the latest closing price of the main month 2208 contract was 19060 yuan / ton, down 120 yuan, or 0.
63%.
The London Metal Exchange (LME) reported its latest inventory of 388,750 metric tons on June 24, down 3,525 metric tons, or 0.
90%,
from the previous trading day.
