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Lun aluminum opened at $1805 / ton yesterday, the Asian market volatility lower, the lowest to 1792 US dollars / ton, the European session volatility upward, touched 1820.
5 US dollars / ton, and finally closed at 1818 US dollars / ton, up 19 US dollars / ton from the previous trading day, up 1.
06%.
Under the guidance of the Shanghai market, the holiday decline was repaired after the Lun Aluminum Festival, and it is expected to fluctuate between 1800~1820 during
the day.
The arrival of the peak season of aluminum market demand boosted investor optimism, and Lun aluminum rebounded higher overnight, with the latest closing quotation of 1818 US dollars / ton, up 19 US dollars, or 1.
06%, the volume of 13778 lots increased by 2665 lots, and the position volume 690791 increased by 847 lots
.
In terms of inventory, the latest inventory of London Aluminum on May 07 (LME) reported 1,263,400 metric tons, an increase of 13,150 metric tons, or 1.
05%, from the previous trading day, and a cumulative increase of 23.
76%
in the last six trading days.