echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > October 9 Lun aluminum noon review

    October 9 Lun aluminum noon review

    • Last Update: 2022-12-13
    • 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 2100 US dollars / ton, Asian trading session leakage low 2044.
    5 US dollars / ton after around 2054 US dollars / ton a narrow range of shock, into the European trading session after the center of gravity has risen, high 2085.
    5 US dollars / ton, but the US dollar index is in the high background of the upward weakness, falling at 2075 US dollars / ton line relying on the 5-day moving average slightly hovering, and then again to touch 2088 US dollars / ton, continue to test the upper test blocked began to decline, the end of the session at 2068 US dollars / The first-line shock stabilized, closing at $2068/ton
    .

    Lun aluminum

    In terms of news, the EU opposes the Italian budget, and the return of the exchange rate crisis in emerging markets is unfavorable to a certain extent
    .
    The game between China and the United States began to change from trade to politics, and the US top level accused China of interfering in its mid-term election, and there may be corresponding measures in the follow-up, and from the latest North American trade agreement, the detour of Chinese goods to third countries into the US market has also increased obstacles, which is not conducive to trade negotiations between the two countries and is negative for nonferrous metals
    .

    Affected by Hydro's official announcement that the introduction of technology is expected to solve the problem of red mud and restore production capacity, Lun Aluminum came under pressure yesterday and pierced the 10/40 daily moving average, while the good background of the US dollar index made it difficult for Lun Aluminum to follow the footsteps of Shanghai Aluminum Several uptests were suppressed
    .
    Waiting for the market to digest pessimistic expectations, it is expected that today's operating range is 2050~2090 US dollars / ton
    .

     

    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.