October 18 Lun aluminum afternoon review

The surge in aluminum inventory triggered a sell-off, which affected market sentiment and increased supply pressure, while also narrowing the premium of spot aluminum relative to three-month aluminum, overnight Lun aluminum weakness continued, the latest closing quotation of 2244 US dollars / ton, closed down 47 US dollars, down 2.
03%, the volume of 15161 lots increased by 2388 lots, and the position 590444 increased by 3280 lots
.
In the evening, Shanghai aluminum gap opened low, weak operation at night, the latest opening price of the main month 2211 contract was 18300 yuan / ton, down 250 yuan, down 1.
35%.

London Metal Exchange (LME) on October 15, the latest inventory of London aluminum reported 433,025 metric tons, an increase of 65,825 metric tons, or 17.
93%, from the previous trading day, the largest increase since February, but inventory levels are still low
.