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[brief comment on Aluminum in SMM stage] non-ferrous metal red fat, green thin Shanghai aluminum rose 0.52% in 3 days in Lianyang.

iconSep 20, 2018 16:03
[brief comment on Aluminum in SMM stage] non-ferrous metal red fat, green thin Shanghai aluminum rose 0.52% in 3 days in Lianyang.

SMM September 20: the 1811 contract of Shanghai Aluminum Company opened at 14530 yuan / ton in the morning, boosted by the lower US dollar index. In the first trading stage of the afternoon, Shanghai Aluminum rose 14585 yuan / ton in the middle of the air. The second trading phase basically hit 14585 yuan / ton again in a narrow range of 14570 yuan / ton. In the afternoon, some bulls left the Shanghai aluminum market at a low price of 14530 yuan per ton, and the center of gravity rebounded in the last five minutes, recording a high of 14575 yuan per ton in the last five minutes, closing at 14575 yuan per ton, up 75 yuan per ton, an increase of 0.52 percent, and the trading volume decreased by 23618 hands to 79000 hands. The position was reduced by 11704 to 263000 and the Shanghai Aluminum Index by 3150 to 678028. Trading atmosphere has improved today, non-ferrous metal disk red fat green thin, Shanghai aluminum has so far achieved Sanlianyang, is expected to continue to test the 5 / 10 EMA in the evening, and continue to pay attention to the dollar index and external guidelines in the evening. (SMM Xu Man)

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