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Last Friday, Lun aluminum opened at 1669.
0 US dollars / ton, and the Asian session continued to decline and fell below 1660 US dollars / ton, weak situation adjustment; The European session fell again, with an intraday low of $1652 / ton; The U.
S.
session stopped falling and rebounded, and the upward trend was only around $1665 / ton; The end closed around $1663.
0 / ton, the trading volume was reduced to 08,600 lots, the position was reduced to 814,000 lots, and the daily shadow was slightly negative
.
It is expected to operate in the range of $1650-1690/mt
today.
There are signals that the recovery of consumption is slowing, lower crude oil prices drag down commodities, the next week Lun aluminum continued to decline, the latest closing quotation of 1663 US dollars / ton, down 6 US dollars, down 0.
33%, the volume of 8627 hands decreased 5352 lots, the position 813845 lot decreased 25417 lots
.
In terms of inventory, the London Metal Exchange (LME) reported 1,664,400 metric tons of London aluminum on July 17, an increase of 4,125 metric tons, or 0.
24%,
from the previous trading day.
