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The prospect of continued recovery in the euro area economy is optimistic, overnight London aluminum closed up $19, the logic of domestic electrolytic aluminum inventory remains unchanged, imports to Hong Kong have little impact on supply, and aluminum is expected to rise
today.
Futures market: Eurozone PPI in March increased year-on-year for three consecutive months and hit a two-and-a-half-year high, the prospect of sustained economic recovery is optimistic, overnight London aluminum is strong shock, the latest closing quotation of 2448 US dollars / ton, up 19 US dollars, or 0.
76%, the volume of 10595 lots decreased by 2552 lots, and the position 706101 increased by 4879 lots
.
In terms of inventory, the London Metal Exchange (LME) reported 1810550 metric tons of London aluminum on May 5, down 17,250 metric tons, or 0.
94%,
from the previous trading day.