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Lun aluminum afternoon comment: oil prices weakened sharply, and Lun aluminum closed down 1.
36% overnight; The global market has pessimistic expectations for the future, while the domestic downstream off-season effect is gradually emerging, production capacity has maintained an increase in production, and aluminum may remain stable
today.
Oil prices weakened sharply, once erased all the gains brought about by the Russian-Ukrainian conflict, metals fell sharply, overnight Lun aluminum shock fell, the latest closing quotation of 2327 US dollars / ton, closed down 32 US dollars, down 1.
36%, the volume of 10945 lots decreased 19032 lots, the position 589983 increased by 4066 lots
.
In the evening, Shanghai aluminum rebounded at a low level and fell back after rushing higher, closing positive at the end of the day, the latest closing price of the main month 2208 contract was 17295 yuan / ton, up 25 yuan, or 0.
14%.
The London Metal Exchange (LME) reported 336,3850 metric tons of London aluminum on July 14, down 3450 metric tons, or 1.
01%,
from the previous trading day.