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Color: inventory decline eased 11 now aluminum or went sideways

by:Deyuan      2020-12-25
Aluminum market abstract: today the dollar index strong pressure on fund market, every Zhou Lun aluminum fell $3, domestic stocks fell less steeply, market demand is not optimistic, aluminium prices up over the limited space, material is aluminum or not today.

the futures market, the dollar index was strong, rose to a high of more than three weeks, putting pressure on base metals markets, every Zhou Lun flush aluminum high fall, latest closing price is $1808 / ton, down $3, or 0. 17%, volume 11245 hand cut 2855 hand, holdings of 789444 an increase of 21740 hands. On Friday night Shanghai aluminum high throw away, first month 1912 contracts the latest closing price 13995 yuan/ton, down 40 yuan, or 0. 29%.

London metal exchange ( LME) Aaron aluminum latest inventory on November 8 to 943175 tonnes, compared with the previous trading day to reduce 2300 metric tons, by 0. 24%, 18 trading day down 4 recently. 33%.

the Yangtze aluminum net news: the domestic spot price rising on November 8, the Yangtze river nonferrous net spot AOO aluminium ingot price to 14220 yuan/ton, up 100 yuan. Chinalco in east China AOO aluminium ingot price to 14240 yuan/ton, up 70 yuan. The General Administration of Customs data show that China's aluminium exports in October export aluminium and aluminium 43 not forged. 10000 tons, fell 0 month. 40000 tons, year-on-year decline in 0. Low 9% to 8 months; Domestic stocks fell less steeply, market demand is not optimistic, there is cost down and back pressure supply and rising prices space is limited, is expected to today's spot prices rise and fall. The Yangtze river metal extraction solution network WWW. 。 Cn tel: 0592 - 5668838
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