Color: demand outlook has changed to 18 is aluminum or went sideways
Aluminum market abstract: today the dollar index fell and oil prices boost Friday, every other Zhou Lun aluminum rose $11, worries about global economic slowdown, the aluminium market demand is difficult to have a change, expect little spot price fluctuations.
the futures market: Friday, the dollar index fell below 98 mark, and the rise in oil prices boosted commodity, Zhou Lun aluminium dip rebounded, latest closing price is $1758 / ton, up $11, or 0.
60%, volume 18133, an increase of 4435 hands, holdings of 779783 an increase of 891 hands.
Friday night Shanghai aluminum low consolidation, main 2001 contract latest closing price 13650 yuan/ton, down $35, or 0.
London metal exchange (
On November 15th latest inventory to 1065175 metric tons of aluminum and increase from the last trading day of 44200 metric tons, 4.
33%, cumulative growth 13 have rallied for four day.
the Yangtze aluminum net news: on November 15, the domestic spot price stabilization, the Yangtze river nonferrous net cash AOO aluminium ingot price to 13930 yuan/ton, flat;
Chinalco in east China AOO aluminium ingot price to 13940 yuan/ton, flat.
Worries about global economic slowdown, the trade issues, such as Britain to take off the problem for the global economy growth, aluminum market demand is difficult to have a change, facing domestic supply recovery at the same time, their production policy impact is limited, is expected to today's spot prices rise and fall.
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