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Overnight Lun aluminum opened at 1799 US dollars / ton, the Asian session trend is strong, the price climbed to around 1810 US dollars / ton, after entering the European session after the rise was slightly slow, the intraday rush to 1818 US dollars / ton after the failure of the line quickly fell back, the end of the day closed at 1809 US dollars / ton, the position decreased 4299 hands to 693,000 lots, up 9 US dollars / ton, or 0.
5%.
Considering the overnight dollar index rebound, it is expected that Lun aluminum will continue to fluctuate between 1790-1820 US dollars / ton today
.
The first phase of Sino-US trade agreement was signed as scheduled, the market digested in advance of the favor, overnight Lun aluminum low volatility, the latest closing quotation of 1800 US dollars / ton, down 8 US dollars, down 0.
44%, the volume of 11712 hands increased 2001 lots, the position 708493 increased by 11126 lots
.
In terms of inventory, the London Metal Exchange (LME) reported 1367875 metric tons of London aluminum on January 15, down 13,300 metric tons, or 0.
96%, from the previous trading day, and fell 8.
06%
in the last 17 trading days.