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Lun Aluminum afternoon comment: U.
S.
stocks fell for three consecutive years, and Lun Aluminum closed down $71 overnight; The surge in electricity prices in Europe coupled with the worsening of the epidemic has increased the risk of shutdowns, but the decline in domestic alumina has caused costs to retreat, and Shanghai aluminum has come under pressure to pull back.
U.
S.
stocks fell for three consecutive years, mainly due to Biden's economic agenda being blocked, and the spread of the new crown variant Omicron, hit market sentiment, overnight Lun aluminum weak trend, the latest closing quotation of 2663 US dollars / ton, closed down 71 US dollars, down 2.
58%, the volume of 12294 hands decreased by 4944 lots, and the position 624407 increased by 3020 lots
.
In the evening, Shanghai aluminum ran weakly, and the latest closing price of the main monthly 2201 contract was 19535 yuan / ton, down 175 yuan, or 0.
89%.
The London Metal Exchange (LME) reported 975825 metric tons of London aluminum on December 20, down 3,775 metric tons, or 0.
39%,
from the previous trading day.