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Before the Easter holiday, the market traded lightly, the decline in European and American stock markets helped to increase market caution, overnight Lun aluminum weak consolidation closed down $1 at the end of the day, the domestic market has recently grown in trading volume, and aluminum is expected to continue to rise
today.
Before next Monday's Easter holiday, the market traded lightly, and the decline in European and American stocks contributed to market caution, and Lun aluminum closed down $1 overnight, and the latest closing price was $1478; Today's Shanghai aluminum opened low and high, the current month 1604 contract opened at 11495 yuan, down 30 yuan, 9:20 Shanghai aluminum 1604 contract latest price is 11615 yuan, up 90 yuan; Shanghai's popularity has recovered, and Shanghai aluminum may be strong
today.
The latest inventory of London Metal Exchange (LME) on the 24th was 2821375 metric tons, down 7925 metric tons from the previous trading day's inventory, and the latest inventory of aluminum alloy was 16880 metric tons, unchanged
from the previous trading day's inventory.
Yesterday's domestic spot aluminum prices were generally stable, CCMN Yangtze River Nonferrous Network AOO aluminum ingot quotation 11410-1145 yuan / ton, the average price of 11430 yuan, flat, Chinalco East China AOO aluminum ingot quotation 11480 yuan / ton, up 10 yuan / ton; After the holiday, market demand continued to pick up, the recent aluminum price performance is strong, Shanghai aluminum is strong today, it is expected that spot aluminum will continue to rise
.
On March 24, the Bureau of Statistics released market price statistics of 50 important production materials in 9 categories in mid-March, and the data showed that the price of aluminum ingots in mid-March was 11306.
2 yuan / ton, up 122.
7% from early March and 1.
1%
month-on-month.
Among other non-ferrous metals, copper rose 1.
7%; zinc down 0.
7%; Lead fell 0.
8%.