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Overnight, Lun aluminum opened at 1683.
0 US dollars / ton, and rose slightly at the beginning of the Asian session, and then fluctuated in a narrow range of 1685-1690 US dollars / ton; The European session continued to be volatile, with the volatility range slightly expanding to 1682-1692 US dollars / ton; The US market fell sharply in the initial session, with an intraday low of $1673.
0 / ton; After a slight rebound at the end of the day, it closed around $1678.
5/ton, with the volume reduced to 10,700 lots and the position reduced to 820,000 lots
.
It is expected to operate in the range of $1660-1700/mt
today.
There are still greater risks to the development of the epidemic in the Americas, the market risk sentiment cooled, overnight Lun aluminum fell at the end of the day, the latest closing quotation of 1679 US dollars / ton, down 4 US dollars, or 0.
24%, the volume of 10767 hands decreased by 2526 lots, and the position volume 827728 decreased by 4257 lots
.
In terms of inventory, the London Metal Exchange (LME) reported 1,663,800 metric tons of London aluminum on July 15, down 5,750 metric tons, or 0.
34%,
from the previous trading day.
