jazzcasinonodepositbonus| Yangtze River Nonferrous Metals: Downstream customers refuse to buy goods at high prices, aluminum prices are under pressure on the 24th, and aluminum may fall

Yangtze River aluminum price alujazzcasinonodepositbonus.ccmnjazzcasinonodepositbonus.cn short reviewjazzcasinonodepositbonus: Stock market crude oil collectively fell and boosted the metals market. Lun Aluminum continued to fall 1% overnightjazzcasinonodepositbonus; Affected by profit-taking and weak demand from domestic and foreign funds, as well as downstream customers 'refusal to buy at high prices to suppress prices, aluminum is expected to fall today.

[Aluminum Futures Market]: The stock market and crude oil collectively fell to boost the metals market. The market is still worried that if U.S. inflation continues to soar, the Federal Reserve may raise interest rates again, which will further increase the safe-haven pressure on risky asset prices and cause damage to the demand outlook. Len Aluminum fluctuated and fell overnight, and the weak market closed in the end. The latest closing price was US$2614/ton, closing down US$27, or 1.0%. The trading volume was 22453, and the open position was 651878 lots decreased by 3299 lots. In the evening, Shanghai aluminum gaped short and opened lower, while the weak market continued to close at the negative line. The latest closing price of the main monthly 2407 contract was 20910 yuan/ton, down 45 yuan, or 0.21%.

On May 23, the London Metal Exchange (LME) reported 1,127,775 metric tons, an increase of 2,600 metric tons from the previous trading day, or 0.23%.

Changjiang Aluminum News: On May 23, the spot aluminum price, Changjiang Comprehensive Spot A00 aluminum ingot price was reported at 20735 yuan/ton, down 350 yuan; Chinalco East China A00 aluminum ingot price was reported at 20740 yuan/ton, down 350 yuan. Affected by profit-taking and weak demand from domestic and foreign funds, as well as downstream customers 'refusal to buy at high prices to suppress prices. In this context, investors and traders have become more cautious about the metal market, and it is generally expected that metal prices will face large fluctuations and adjustments in the short term. In addition, on the supply side, Yunnan aluminum companies have increased their momentum to increase production, and some electrolytic aluminum plants in Inner Mongolia and Guizhou are also scheduled to be put into operation by the end of this month, which has gradually increased supply pressure. At the same time, the destocking progress of aluminum ingots this week was not smooth, and even showed small signs of accumulation, which undoubtedly exerted further downward pressure on prices. Overall, due to the cooling of market sentiment and profit-taking by bulls, electrolytic aluminum prices continue to fall in the short term. Spot aluminum prices are expected to fall today. Investors and traders need to pay close attention to market dynamics in order to adjust strategies in a timely manner.

Changjiang Nonferrous Metals Network cjys.cn Tel: 0592-5668838