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Lun aluminum afternoon comment: oil prices continued to weaken drag down commodity price performance, overnight Lun aluminum closed down 0.
48%; Domestic interest rate cut expectations in March were disappointed, and the spread of the epidemic caused market risk appetite to cool down, and aluminum rose and fell little
today.
Oil prices continued to weaken dragged down commodity price performance, nonferrous sectors fell in a large area, overnight London aluminum weak shock, the latest closing quotation of 3351 US dollars / ton, closed down 16 US dollars, down 0.
48%, the volume of 30736 hands increased by 17980 lots, the position 644905 decreased by 12649 lots
.
In the evening, Shanghai aluminum continued its weak operation, and the latest closing price of the main monthly 2204 contract was 21700 yuan / ton, down 25 yuan, or 0.
12%.
The London Metal Exchange (LME) reported its latest inventory of 742,200 metric tons on March 15, down 10,650 metric tons, or 1.
41%,
from the previous trading day.