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Overnight, Lun aluminum opened at 1815 US dollars / ton in the morning, and during the Asian session, Lun aluminum climbed hard, touching the highest level of 1823 US dollars / ton in the day; During the European session, the US index went higher to suppress the downward trend of base metals, and Lun aluminum leaked sharply, breaking down to $1800 / ton, and fluctuated with the low level of the North American trading session, closing at $1800.
5 / ton, down $17.
5 / ton, or 0.
96%, mainly
short positions.
It is expected to run at $1780-1820/ton
during the day.
The U.
S.
dollar index continued to rise on Wednesday, oil prices plunged to hit the biggest drop in three months, overnight Lun aluminum came under pressure downward, the latest closing quotation of $1801 / ton, down $17, or 0.
96%, the volume of 16255 lots increased by 4368 lots, and the position volume 705437 increased by 3020 lots
.
In terms of inventory, the London Metal Exchange (LME) on January 08, the latest inventory of London aluminum reported 1,439,300 metric tons, down 12,275 metric tons, or 0.
85%, from the previous trading day, and fell by 3.
26%
in the last 12 trading days.