By multiple negative factors sandwiched, overnight LUN aluminum all the way soft plummeted 10.32%; LME non-ferrous metals collective
Aluminum futures market: hit by multiple negative factors, overnight weakness of LUN aluminum, the latest closing offer $3301 / ton, closing down $380, down 10.32%, volume 20840 hand reduced by 10960 hand, position 662,346 hand reduced by 20543 hand. Evening Shanghai aluminum low shock, the main month 2204 contract latest closing price of 21,300 yuan / ton, down 640 yuan, or 2.92%.
The London Metal Exchange (LME) latest inventory of LEN aluminum on March 9 was reported at 771,175 metric tons, down 8,175 metric tons or 1.05% from the previous trading day.
Changjiang Aluminum Network: March 9 spot aluminum prices, Changjiang non-ferrous network spot AOO aluminum ingot price reported 22060 yuan / ton, down 660 yuan; Chinalco East China AOO aluminum ingot price reported 22060 yuan / ton, down 660 yuan. lME non-ferrous metal collective big dive, coupled with some non-ferrous leaving the field more obvious, and market sentiment disturbance constantly, the market fell through the long run pattern, coupled with marginal weakness in aluminum prices, downstream Transaction performance is flat, today’s existing aluminum prices may fall.
Post time: Mar-10-2022