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Color: downstream demand underperforming 25 aluminum or down now

by:Deyuan      2020-12-25
Today aluminum market abstract: Aaron aluminum stocks rise as well as oil prices fell sharply yesterday, overnight aluminum pressure fell $23, and downstream of the recent market due to poor performance on the arrival of the goods and demand, prices weak trend, material is aluminum fell today.

the futures market: Aaron aluminum stocks rallied yesterday, as well as oil prices fell sharply and the biggest drop drag prices hit a week, London aluminum pressure drop, the latest closing price is $1763 / ton, down $23, or 1. 29%, volume 11383, an increase of 2786 hands, holdings 772491 hand cut 1473 hands. Night Shanghai aluminum low, main 1911 contract latest closing price 14180 yuan/ton, down 30 yuan, or 0. 21%.

London metal exchange ( LME) September 24 latest inventory to 899925 metric tons of aluminum and increase from the last trading day of 4300 metric tons, increase of 0. 48% over the previous 11 consecutive losses.

the Yangtze aluminum net news: September 24, the domestic spot prices edged up, the Yangtze river nonferrous net spot AOO aluminium ingot price to 14330 yuan/ton, up to 10 yuan. Chinalco in east China AOO aluminium ingot price to 14350 yuan/ton, up 20 yuan. Hydro chief executive, said the global economic outlook or functional damage and aluminum demand in the short term, the global aluminum demand in 2019 ( Excluding China) Expected from increased by 1% to 1% 2%; Downstream of the recent market due to poor performance on the arrival of the goods and demand, prices weak trend, is expected to today's spot prices fell. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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