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Today's Shanghai aluminum main month 1608 contract opened at 11870 yuan, intraday high 11990 yuan low 11830 yuan, and closed at 11985, up 75 yuan / ton
from the previous trading day.
Recently, the market has repeatedly rumored to reduce production and storage and storage, providing support for aluminum prices, Shanghai aluminum rose slightly today, but the market trading is relatively light, the overall trading volume is small, it is expected that the upside of aluminum prices in the market may be limited
.
Abroad, the NAHB housing market index in the United States returned to a strong position in June, reflecting its good housing market prospects, investor confidence has recovered, today London aluminum slightly higher, upper support focus on $
1650.
At 16:33 Beijing time, LME 3-month aluminum was $1,613, up $5.
5 from the previous session
.
In terms of the market, today's spot trading price of Yangtze River is 12180-12220 yuan / ton, up 10 yuan / ton; Guangdong South Reserve reported 12230-12330 yuan / ton, up 50 yuan / ton; Hua reported 12290-12310 yuan / ton, up 10 yuan / ton; The average domestic spot trading price is between
12180-12220 yuan / ton.
Today's aluminum rose slightly, holders raised prices, downstream weekend stocks were acceptable, and market transactions were warmer
than yesterday.
Today's Shanghai aluminum main force 1608 contract volatility-based, closed at 11985, the early aluminum price shock upward, we received back long orders within the day, long is the main keynote, Shanghai aluminum recently in the 12000 line repeatedly gathered upward, short-term long single to 12000 as the support repeated follow-up, long orders close to 13000 all take profit
.
Near the lower support 11500 line, long single repeated follow-up, target 13000
.