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Overnight Lun aluminum opened at 1798 US dollars / ton, the first half of the Asian session is mainly volatile, the second half of the decline appeared, always hovering below the daily moving average, after entering the European trading session, Lun aluminum once tried to revise upward, tested to the 10-day moving average of $1792 after pressure downward, continued to fall unilaterally, once fell to 1776 US dollars / ton
.
The North American trading session was volatile and finally closed at $1777 / ton, down $22 / ton, or 1.
22%,
on the day.
Yesterday's LME base metal fell generally, aluminum fell in the middle, and it is expected that today's London aluminum operating range is between
1770-1800 US dollars / ton.
Oil prices performed dismally, U.
S.
oil closed down nearly 8%, weighing on commodity market sentiment, overnight Lun aluminum continued to fall and hit a more than a month low, the latest closing quotation of 1777 US dollars / ton, down 22 US dollars, down 1.
22%, the volume of 15359 lots increased by 5061 lots, and the position volume 709997 decreased by 404 lots
.
In terms of inventory, the London Metal Exchange (LME) reported 1027950 metric tons of London aluminum on August 01, down 925 metric tons, or 0.
01%,
from the previous trading day.
