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On Friday, Lun aluminum opened at 1706.
0 US dollars / ton, opened low during the Asian session, and went low to 1688.
0 US dollars / ton, down nearly 20 US dollars, and there was a slight rebound before the domestic close; During the European session, it first rose and then fell, with the upper pressure on the $1700/ton mark, and the lower falling to an intraday low of $1685.
5/ton; During the U.
S.
session, it first quickly stopped falling and rebounded, and the high level once wiped out all the losses in the day, but then fell down again and spit back some of the gains; Late trading fell slightly and closed at $1697.
0 / ton, the volume increased to 13,100 lots, the position was 801,000 lots, the daily close was a shadow of a small negative, the dollar weakness boosted base metals, but the political situation in China and the United States dragged down metal prices
.
It is expected to operate in the range of $1680-1720/ton
today.
The downturn of the global stock market hit market sentiment, and the next week Lun aluminum trend was weak, the latest closing quotation of 1697 US dollars / ton, down 11 US dollars, or 0.
61%, the trading volume of 13138 lots increased by 1775 lots, and the position 801129 increased by 79 lots
.
In terms of inventories, the London Metal Exchange (LME) reported 1649275 metric tons of London aluminum on July 24, an increase of 8,850 metric tons, or 0.
54%,
from the previous trading day.
