Bears Added Positions, Aluminum Alloy Night Session Plunged; UAE Aluminum Scrap Export Ban Implemented [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Bears Add Positions, Aluminum Alloy Night Session Plunges, UAE Aluminum Scrap Export Ban Takes Effect] Overnight, aluminum alloy futures weakened sharply. The night session opened at 22,850 yuan/mt, closed at 22,720 yuan/mt, down 390 yuan/mt, or 1.69%.