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On Monday morning, Lun aluminum opened at $1575 / ton.
At the beginning of the opening of the market, the aluminum market fell sharply, and the end of the Asian market reached a low of 1538.
5 US dollars / ton
.
During the European session, Lun aluminum struggled to repair its previous decline, and fluctuated with the North American trading session at 1565 US dollars / ton, and finally closed at 1560 US dollars / ton, down 17 US dollars / ton, down 1.
08%, mainly short positions
.
Under the fundamental and macro double short situation, Lun aluminum is weak and difficult to change, and it is expected to run at a low of 1540-1600 US dollars / ton
within the day.
In addition to the resumption of work in China, global industrial activity slowed, further weakening metal demand, inventories are also increasing, overnight Lun aluminum continued to be weak, the latest closing quotation of 1560 US dollars / ton, down 17 US dollars, down 1.
08%, the volume of 35355 lots increased 13088 lots
.
In terms of inventories, the London Metal Exchange (LME) reported 1076050 metric tons of London aluminum on March 23, an increase of 6,125 metric tons, or 0.
57%,
from the previous trading day.
