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    Home > Chemicals Industry > New Chemical Materials > October 17 Lun aluminum morning review

    October 17 Lun aluminum morning review

    • Last Update: 2022-12-07
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2136 US dollars / ton, after the opening of Lun aluminum trend is significantly stronger than Shanghai aluminum, the center of gravity of London aluminum slowly moved up before the afternoon of the Asian market, and did not follow the Shanghai aluminum diving in the afternoon, but around the 5/10 daily moving average intersection wide range oscillation, into the European trading session Lun aluminum continued to rise, once touched 2162 US dollars / ton, with the start of domestic night trading, aluminum prices fluctuated for a moment after the internal and external disks all quickly drained, Lun aluminum low touched 2127 US dollars / ton, the end of the session repair part of the decline closed at 2136 US dollars / ton, Record a doji with a long shadow, and it is expected that today's Lun aluminum will continue to struggle in the daily average, with a running range of 2125~2145 US dollars / ton

    Lun aluminum

    In terms of the market, on the day, the spot price of London aluminum was 2140 US dollars / ton, which was 23.
    75 US dollars / ton discount from the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 7.
    57 (import ratio was 8.
    15), and the import loss was 1058 yuan / ton; The actual ratio of Shanghai aluminum 3 contract to Lun aluminum March contract was 7.
    71 (import ratio was 8.
    15), and the import loss was 946 yuan / ton

    The London aluminum night session tried to move upwards again, but the resistance above was still large
    With multiple moving averages intertwined to form resistance, Lun aluminum entered a consolidation
    near $2140.
    Although the bulls have risen to more than $7,000, the stimulation of London aluminum is relatively limited, and it is expected that the short-term range shock situation of London aluminum is difficult to change

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