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September 6 Lun aluminum afternoon commentary

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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Lun aluminum afternoon commentary: the strong dollar continued to refresh a new two-decade high, and Lun aluminum closed down 0.
74% overnight; The implementation of domestic continuation policies is favorable to market risk sentiment, aluminum rods and aluminum ingots are both destocked fundamentals have improved, and aluminum is expected to rise
today.

Lun aluminum

The strong dollar continued to update a two-decade high, mainly benefiting from the intensification of the European energy crisis, weighing on the euro, overnight London aluminum volatility lower, the latest closing quotation of 2288 US dollars / ton, closed down 17 US dollars, down 0.
74%, the volume of 10586 lots decreased 4129 lots, the position 592066 lots decreased 4916 lots
.
In the evening, Shanghai aluminum opened high and fluctuated, and the latest closing price of the main monthly 2210 contract was 18355 yuan / ton, up 105 yuan, or 0.
58%.

The London Metal Exchange (LME) reported its latest inventory of 277,050 metric tons on September 03, an increase of 1,000 metric tons, or 0.
36%,
from the previous trading day.

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