SHANGHAI, June 12 (SMM) – LME aluminum market overnight fluctuated weakly. LME aluminum prices opened at USD 1,964/mt in the ring, with the high-end at USD 1,964.3/mt, and the low-end at USD 1,933.2/mt, and stabilized at USD 1,945/mt at the tail of trading, down USD 3.2/mt or 0.16% from a day earlier. Total positions increased to 781,365 lots, with stocks down by 6,600 mt to 4.497 million mt, dropping less than 4.5 million mt again. The US announced retails sales data for May on Friday, down 1.2% on a monthly basis, which was lower than expected. Later, the stronger-than-expected US consumer confidence index relieved concerns over slowing economic recovery from the weaker retails sales data. On Friday, the US dollar index advanced above 87.2.
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