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Lun aluminum afternoon comment: oil prices plummeted metal fell across the board, and Lun aluminum closed down 1.
98% overnight; Global primary aluminum supply exceeded expectations, domestic consumption was weak, imports fell in April, terminal demand was light, aluminum prices were under pressure, and aluminum may fall
today.
Oil prices plummeted metal across the board, overnight Lun aluminum fluctuated downward, the latest closing quotation of 2825 US dollars / ton, closed down 57 US dollars, down 1.
98%, the volume of 12985 hands increased 748 lots, the position of 594753 lots decreased by 3882 lots
.
In the evening, Shanghai aluminum gap opened low, weak operation, the latest closing price of the main month 2206 contract 20295 yuan / ton, down 110 yuan, or 0.
54%.
The London Metal Exchange (LME) reported 518,900 metric tons of London aluminum on May 18, down 8,475 metric tons, or 1.
61%,
from the previous trading day.