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June 30 Lun aluminum afternoon review

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

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Crude oil futures rose continuously, and the trend of aluminum held steady overnight to close up $1; Yunnan and other places have reduced production, new production capacity has started slowly, and with the arrival of the off-season, downstream consumption is also weak, and aluminum prices are expected to rise or fall limited
today.

Lun aluminum

OPEC Secretary-General Barkindo said that global oil demand will rebound strongly in the second half of 2021, oil inventories decreased, crude oil futures rose continuously, and the trend of aluminum remained stable overnight, the latest closing quotation was 2532 US dollars / ton, closing up 1 US dollar, or 0.
04%, the trading volume of 15906 lots increased by 381 lots, and the position 690448 decreased by 2480 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 1577175 metric tons of London aluminum on June 29, down 8,975 metric tons, or 0.
57%,
from the previous trading day.

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