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Today's LME resumed the market, and the aluminum maintained a volatile pattern, running 2260~2300 US dollars / ton
within the day.
On Monday, the British financial market coincided with the spring bank holiday closed, and the Asian market reopened on Tuesday, at 9:15 Beijing time, the latest quotation of London aluminum was 2262 US dollars / ton, down 5 US dollars, or 0.
22%.
Although the continuous decline in Lun aluminum inventories and the problem of Rusal sanctions have not been completely solved to form a support expectation for aluminum prices, and the sharp rise in international crude oil prices is favorable for commodities including aluminum, but as the Sino-US trade issue eases and increases market risk appetite, the risk of Rusal sanctions is expected to decline, the yield of US Treasury bonds reaches a new high and the weak euro jointly helps the US dollar index to be high, and the Fed's interest rate hike expectations do not change, and other factors, the downward pressure on London Aluminum is increasing
.
