Aluminum finished lower, trading volume and open interest increased

On Monday, Lun Aluminium finished lower. After LAU opened lower at 1782.5, the upward trend in the previous trading day reached 1805.5. As the sell-off surged, the aluminum price began to fall, ending at 1772, the lower point of the day, and falling 18% from last Friday. . 106,458 contracts were traded throughout the day, an increase of 2,700 lots from last Friday; the number of positions opened was 391,569 lots, an increase of 5,194 lots compared to last Friday; the stock volume was 562,000 tons, which was 1,350 tons less than last Friday. Compared to the recent strong rally of LME copper in March, Lon Aluminum’s trend appears to be mild or even weak. At the same time as LME’s March copper continued its uptrend yesterday, Lon Aluminium was significantly weaker and weaker. . In terms of options, the premium for a strike price that expires in July 2005 that is worth $1775 per ton is significantly greater than the call premium. The volatility of the contract has expanded to 16.81, indicating that option traders generally believe that the current aluminum price fluctuations It began to increase and there is little room for further rebound. Foreign exchange market: In the Asian market, non-U.S. currency rebounded after finishing at a low level. It is expected that the European market will still have a slight upside, but there is still a risk of bottoming out in the subsequent market. In terms of data, Asian market data is relatively light. In the European market, the value of the retail purchasing managers' index for the Euro zone in May was 48.7; for the North American market, 22:00, the value of the Canadian Ivy purchasing managers' index in May was 58.3, with a forecast of 60.0. The euro/dollar stabilized after the probe of 1.2200, and the current shock rebounded to around 1.2260. Operational recommendations: rebound to lighten up, temporarily wait and see.

Clean And Strip Disc

Strip clean disc is a new kind of Nylon fiber abrasive tools, can be the best substitute for traditional abrasive tools such as shutters and wire brushes.It is based on high-strength & wear-resistant fiber mesh, and the resin elastomer and nylon fiber and emery are bonded together by special process.


Materials
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Range of Application
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The strip clean disc network structure has the following characteristics:
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