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Overnight Lun aluminum opened at 1872 US dollars / ton, Asian trading session to range volatility, the high stopped at 1878.
5 US dollars / ton, the high and low price difference did not exceed 10 US dollars / ton, after entering the European trading session, Lun aluminum first fell at 1869 US dollars / ton low storage, and then through the long entry, gradually climbed 1881 US dollars / ton high, but the high Lun aluminum is difficult to support, again the shock fell back to 1867 US dollars / ton, near the end of the session again test the upward final test of 1883 US dollars / ton intraday high, It closed at $1877/mt
.
In terms of inventory, the London Metal Exchange (LME) reported 1,094,600 metric tons of London aluminum on April 09, down 4,325 metric tons, or 0.
39%,
from the previous trading day.
As the IMF lowered its global economic growth forecast, and the trade war between the United States and Europe was more tense, it is expected that today's weak operation is between 1850~1890 US dollars / ton under the macro bearish situation
.
