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Overnight Lun aluminum March contract opened at 1769 US dollars / ton in the morning, the Asian trading session fluctuated and fell, the bottom rebounded before the European trading session, and the end of the session was affected by the news of China's imposition of US tariffs and turned sharply down, but quickly repaired, to the North American trading session but up to 1779 US dollars / ton, giving up all the previous gains at the end of the session, closing at 1767 US dollars / ton, up 0.
5 US dollars / ton intraday, closing in the doji, in the context of further tensions in global trade relations, the US dollar and most base metals are weak, Lun aluminum is more resistant to decline, and it is expected that today's operation area construction committee is 1700~1780 US dollars / ton
.
Concerns about the global economic outlook have risen significantly, European and American stock markets and oil prices have fallen to weigh on commodity market sentiment, the next week London aluminum volatility operation, the latest closing quotation of 1768 US dollars / ton, up 1 US dollars, or 0.
03%, the volume of 8865 lots decreased 1059 lots, the position 753486 lot decreased 6005 lots
.
In terms of inventory, the London Metal Exchange (LME) reported the latest inventory of London aluminum on August 23 at 935200 metric tons, down 6150 metric tons, or 0.
65%, from the previous trading day, and fell 9.
10%
in the last 17 trading days.
