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    Home > Chemicals Industry > New Chemical Materials > September 28 Lun aluminum noon review

    September 28 Lun aluminum noon review

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Overnight Lun aluminum opened at 2058 US dollars / ton in the morning, the Asian session was dragged down by the sharp decline of domestic Shanghai aluminum, Lun aluminum passive shock downward low touched 2044.
    5 US dollars / ton line, but compared with Shanghai aluminum obviously showed strong resistance, into the European trading session, Lun aluminum once rebounded to 2060 US dollars / ton, but the rally was not able to continue, with the opening of the domestic night market, Lun aluminum continued to passively repair the internal and external ratio, the low touched 2025 US dollars / ton and closed at this point
    .
    In the short term, the decline resistance of London aluminum will be better than that of Shanghai aluminum, and it is expected to run at 2025-2045 US dollars / ton
    today.

    Lun aluminum

    In terms of stocks, LME data showed that LME aluminum stocks fell below 1 million tonnes on September 26, the first time
    since May 2008.
    Aluminum inventories fell by 6,850 tonnes to 999,925 tonnes
    , the data showed.
    Solid demand has driven LME aluminium inventories down
    in recent years.

    On the macro front, the Italian government's agreement on the budget deficit exceeded previous expectations, with the euro weakening, the dollar strengthening, and the color color falling
    .
    At the same time, many economies around the world followed the United States to raise interest rates, which is negative for nonferrous metals
    .
    In terms of trade, the mutual tariffs imposed by China and the United States have landed, the bearish attitude of the market has been broken, and the positive color
    has been colored.

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