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Overnight London aluminum opened at 2084 US dollars / ton, London aluminum maintained range volatility in the afternoon, in the afternoon due to the delay in the shipment of two Australian alumina plants stimulated, Lun aluminum violently rose, as of 15:00 Lun aluminum reported 2110.
5 US dollars / ton
.
Subsequently, Lun aluminum continued to maintain a volatile upward trend, and as of 21:00, Lun aluminum was reported at 2124.
5 US dollars / ton
.
Overnight Lun aluminum continued to maintain a strong volatility, touching a high of $2142 / ton, and closing at $2133 / ton at the end of the session, up $49 / ton, or 2.
35%.
In terms of news, the RMB exchange rate restarted the counter-cyclical shadow, and the short-term rapid rise of RMB against the US dollar may have a certain impact
on the pattern of external weakness and internal strength of the non-ferrous plate in the early stage.
On trade, the Sino-US negotiations ended in fruitlessness, while China and the United States once again imposed tariffs on $16 billion of goods, affecting market sentiment
.
The successive arrival of alumina supply tightened, the transaction price rise news detonated the market, but also highlighted the tight supply of alumina in overseas markets, aluminum price cost side is supported, it is expected that today's Lun aluminum operating range of 2110 ~ 2130 US dollars / ton
.
