echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > November 30 Lun aluminum morning review

    November 30 Lun aluminum morning review

    • Last Update: 2022-12-07
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Overnight Lun aluminum opened at 2102 US dollars / ton, during the Asian session Lun aluminum around the daily moving average wide oscillation, above the pressure 10-day moving average resistance touched 2110 US dollars / ton, the center of gravity slightly shifted, into the European trading session, Lun aluminum contrary to the previous days of the European market strong normal, performance sluggish, the center of gravity continues to move down, night with the opening of Shanghai aluminum, deepening the depth of decline, the low recorded 2050 US dollars / ton, closed at a low of 2053 US dollars / ton
    .
    The trading volume increased by 15973 lots to 28336 lots, and the position increased by 1543 lots to 680225 lots
    .

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 2100 US dollars / ton, a discount of 14.
    25 US dollars / ton compared with the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 6.
    91 (import ratio was 8.
    18), and the import loss was 2652 yuan / ton; The actual ratio of the Shanghai aluminum 3 contract to the London aluminum contract in March was 7.
    05 (the import ratio was 8.
    18), and the import loss was 2362 yuan / ton
    .

    In terms of news, overnight, a number of Fed officials announced that they would continue the policy of raising interest rates and reducing the balance sheet, while the news said that the US tax reform plan will soon be submitted to Congress for a vote
    .
    The dollar continued to strengthen overnight, and non-ferrous metals generally weakened
    .

     

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.