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[brief Review of SMM Aluminum] the price of aluminum rose and fell by nearly 100 yuan during the day.
May 21,2020 16:10CST
translation
Source:SMM
The price of aluminum rose and fell by nearly 100 yuan during the day.
The content below was translated by Tencent automatically for reference.

SMM, May 21:

The main 2007 contract of Shanghai Aluminum opened at 12950 yuan / ton in the morning, and the short positions were reduced at the beginning of the session. Aluminum prices slightly reached an intraday high of 13020 yuan / ton, continued to rise, and then the high level fell all the way down. During this period, it briefly hovered at 12900 yuan / ton and failed to receive the relevant guidance. In the afternoon, the downside continued, the low fell to 12640 yuan / ton, and then rose at the end of the day. It closed at 12775 yuan / ton, down 95 yuan / ton, down 0.74%. Trading volume increased by 70974 lots to 162000 lots, while positions decreased by 3326 lots to 157000 lots, closing at the Xiaoyin line, with the daily KDJ third-line converging downward. Today, the National two sessions officially kicked off, focusing on the focus of the market, paying attention to the guidelines of the announcement of related news on the mood of the night market and changes in positions. (SMM Xu Man 021 Mel 51595898)

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