SMM Aluminum Brief Comment: Social Inventory Decreased Slightly, SHFE Aluminum Showed Strong Volatility. Today, SHFE main contract 2311 opened at 19105 yuan/ton, with the highest price of 19150 yuan/ton, the lowest price of 19020 yuan/ton, and closed at 19105 yuan/ton, up 20 yuan/ton from the previous trading day, or 0.1%. The turnover was 110,000 lots, and the position was 209,000 lots, decreased by 400 lots, mainly due to short positions reduction. LME March aluminum opened at 2215 US dollars/ton, and fluctuated downward during the day...
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