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Overnight Lun aluminum opened at 1869 US dollars / ton, the Asian market fell to a low of 1863.
5 US dollars / ton in the morning and returned to a narrow range near the moving average group, the Asian market in the afternoon The US index turned down, pushing Lun aluminum upward to break through the main moving average group, to the highest level of the day 1876 US dollars / ton; European morning session, the market above the moving average group high volatility running, European afternoon to North American trading session, the price all the way down to the lowest since February 14 1845 US dollars / ton, and then by the US index lower, at the end of the session slightly bottomed out, closed at 1855.
5 US dollars / ton, down 9.
5 US dollars / ton, down 0.
51%.
In terms of inventory, the London Metal Exchange (LME) reported 1213125 metric tons of the latest inventory of London aluminum on March 11, down 8250 metric tons, or 0.
68%, from the previous trading day, and the cumulative decline of 1.
76%
in the last three trading days.
Trump advocated the decline in aluminum costs, but the market pressure did not abate, since he announced the tariff since the surge in premiums offset the impact of the decline in aluminum prices, overnight Lun aluminum rushed back down, the latest closing quotation of 1856 US dollars / ton, down 9 US dollars, down 0.
51%, the volume of 13727 hands increased by 4691 lots, and the position 663307 lots decreased by 4251 lots
.
