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Lun aluminum afternoon comment: the situation in Russia and Ukraine is still uncertain, and Lun aluminum closed up 1.
17% overnight; Global market inflation continues to rise to support metal prices, but domestic downstream consumption is still more general, trading is low, and aluminum is expected to fall
slightly today.
The situation in Russia and Ukraine is still uncertain, coupled with Europe and the United States will take more and more comprehensive new sanctions against Russia, causing the market to worry about supply risks, overnight London aluminum shock is strong, the latest closing quotation of 3455 US dollars / ton, closed up 40 US dollars, up 1.
17%, the volume of 9622 lots increased by 1255 lots, the position volume 605523 decreased by 647 lots
.
April 5 (Monday) is the Qingming Festival holiday, the market has no market price, today returned to normal, Shanghai aluminum main 2105 contract opened slightly lower, Beijing time 9:01 latest quotation 22655 yuan / ton, down 90 yuan, down 0.
40%.
The London Metal Exchange (LME) reported its latest inventory of 623325 metric tons on April 5, down 6,450 metric tons, or 1.
02%,
from the previous trading day.