[SMM Morning] Shanghai-London ratio picks up Shanghai Aluminum Test 15, 000-Shanghai Metals Market

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[SMM Morning] Shanghai-London ratio picks up Shanghai Aluminum Test 15, 000

Translation 08:49:52AM Jan 09, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

SMM1, 9 Feb: overnight Lun Aluminum opened at US $2204 / tonne, and the Asian session was narrow and volatile around the daily average. the trend was light, and when we entered the European trading session, the US dollar rebounded, Lun Aluminum rose first and then suppressed, touching a high of US $2214.5 / ton and then rapidly leaking. After a slight standoff around $2194 a tonne, Lunalco fell again as the dollar rose further, hitting a low of $2171 a tonne to close at $2174 a tonne. Trading volume decreased by 582 hands to 14264 hands, while position increased by 5744 hands to 730421 hands.

SMM [Colored question and answer] platform has been launched, you have any industry questions can be asked on this platform, there will be professional analysts for you to make a detailed interpretation!

Key Words:  Price forecast 

[SMM Morning] Shanghai-London ratio picks up Shanghai Aluminum Test 15, 000

Translation 08:49:52AM Jan 09, 2018 Source:Shanghai Nonferrous Metals Network
The content below was translated by Tencent automatically for reference.

SMM1, 9 Feb: overnight Lun Aluminum opened at US $2204 / tonne, and the Asian session was narrow and volatile around the daily average. the trend was light, and when we entered the European trading session, the US dollar rebounded, Lun Aluminum rose first and then suppressed, touching a high of US $2214.5 / ton and then rapidly leaking. After a slight standoff around $2194 a tonne, Lunalco fell again as the dollar rose further, hitting a low of $2171 a tonne to close at $2174 a tonne. Trading volume decreased by 582 hands to 14264 hands, while position increased by 5744 hands to 730421 hands.

SMM [Colored question and answer] platform has been launched, you have any industry questions can be asked on this platform, there will be professional analysts for you to make a detailed interpretation!

Key Words:  Price forecast