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Lun aluminum afternoon commentary: the US dollar high fell back, overnight Lun aluminum closed up $36; The recent collapse of coal prices has hit the cost of aluminum, aluminum prices are under pressure, and the loss of electrolytic aluminum profits will affect the start of the future market.
The lower yield of U.
S.
bonds pushed the dollar back down, overnight London aluminum volatility is strong, the latest closing quotation of 2608 yuan / ton, closed up 36 US dollars, or 1.
38%, the volume of 12620 hands decreased 1668 lots, the position 682394 lot decreased 20771 lots
.
In the evening, Shanghai aluminum opened high, and the latest closing price of the main monthly 2112 contract was 18630 yuan / ton, up 90 yuan, or 0.
49%.
The London Metal Exchange (LME) reported 956,750 metric tons of London aluminum on November 17, down 3,225 metric tons, or 0.
34%,
from the previous trading day.