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Aluminum market morning comment: the US dollar index continued to fall, overnight external aluminum prices fluctuated higher, London Stock Exchange March aluminum prices closed up 0.
58% to 2,000 US dollars / ton
.
Shanghai aluminum night trading was also strong, and the main 2103 contract closed above 15040 yuan / ton
.
The spot market was active in the morning, the market received goods with high enthusiasm, traders and downstream had replenishment behavior, and the holders showed high prices
.
The mainstream trading price in Shanghai is around 15120 yuan / ton, which is about 140 higher than that of futures
.
The mainstream transaction price in Guangdong is around 15070 yuan / ton
.
Poor transportation led to a decrease in arrivals and stocking up a year ago led to a decline in explicit inventories this week, stimulating bullish sentiment, but with the decline in terminal consumption, the trend of accumulation around the Spring Festival is difficult to change, and prices lack further upward momentum, and there is a high
possibility of falling back.
Short-term recommended high and short operation
.