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Color: economic downside risk increase 19 now aluminum or fall

by:Deyuan      2020-12-23
Abstract: aluminum city today declining stocks to support both at home and abroad, every Zhou Lun aluminum rose $11, a global trade war brings the uncertainty of the economic downturn risk, price trend is still under pressure, material is aluminum fell today.

the futures market: the LME inventories to the situation did not change, the domestic aluminum inventory decline by difficult check of the previous period, every other Zhou Lun aluminum rose after shocks, the latest closing price is $1796 / ton, up $11, or 0. 59%, volume 12087, an increase of 3809 hands, holdings of 766032 an increase of 4910 hands. Friday night Shanghai aluminum weak finishing, main 1910 contract latest closing price 14190 yuan/ton, down 25 yuan, or 0. 18%.

London metal exchange ( LME) August 16, Aaron aluminum latest inventory to 969250 tonnes, compared with the previous trading day to reduce 7450 metric tons, by 0. 76%, down 5 12 trading days recently. 80%.

the Yangtze aluminum net news: August 16, the domestic spot prices edged up, the Yangtze river nonferrous net spot AOO aluminium ingot price to 14250 yuan/ton, up to 60 yuan. Chinalco in east China AOO aluminium ingot price to 14270 yuan/ton, up to 40 yuan. Bank of America merrill lynch to aluminum prices in 2019 could expect to $1792 from $1830 per m/t and price expectations in 2020 from $1900 to $1830. Global trade war brings the uncertainty of the economic downturn risk, price movements are still under pressure, is expected to today's spot prices fell. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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