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March 1 Lun aluminum afternoon commentary

 Last Update: 2022-12-21
 Source: Internet
 Author: User

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metal stock prices

fuel oil prices

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The US dollar index rose sharply to a one-week high, and the next week, the high of London aluminum fell to close down nearly 2.
8%, domestic electrolytic aluminum inventories continued to accumulate, and new production capacity continued to be slowly put into production, and aluminum is expected to fall
today.

Lun aluminum

Futures market: the US dollar index rose sharply to a one-week high, international oil prices also fell sharply, the next week Lun aluminum under pressure high fell back, the latest closing quotation of 2257 US dollars / ton, down 62 US dollars, down 2.
77%, the volume of 30052 lots decreased by 2586 lots, and the position 706966 increased by 7926 lots
.

In terms of inventory, the London Metal Exchange (LME) reported 1325875 metric tons of London aluminum on February 26, down 6,650 metric tons, or 0.
50%,
from the previous trading day.

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