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Lun aluminum afternoon comment: oil prices weakened for three consecutive days, and Lun aluminum closed down 2.
45% overnight to a 16-month low; Under the background of high inflation, caution continues to ferment, and downstream demand has not seen a significant improvement, and aluminum is expected to fall
today.
Oil prices weakened for three consecutive days, overnight Lun aluminum shock bottomed, the latest closing quotation of 2305 US dollars / ton, closed down 58 US dollars, down 2.
45% to a new 16-month low, the trading volume of 22828 hands increased by 2897 lots, the position 594375 hands decreased by 712 lots
.
In the evening, Shanghai aluminum ran weakly, and the latest closing price of the main monthly 2210 contract was 17915 yuan / ton, down 255 yuan, or 1.
40%.
The London Metal Exchange (LME) reported its latest inventory of London aluminium on September 01 at 276,375 metric tons, down 675 metric tons, or 0.
24%,
from the previous trading day.