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[SMM Aluminium Morning News] Shanghai Aluminium adjusts its position and fluctuates slightly. Lun Aluminum concussion ends the Cross Star.
Jul 3,2020 09:23CST
translation
Source:SMM
Shanghai Aluminium adjusts its position and fluctuates slightly. Lun Aluminum concussion ends the Cross Star.
The content below was translated by Tencent automatically for reference.

SMM, July 3:

Yesterday, Shanghai Aluminum's main 2008 contract opened at 13995 yuan / ton in the morning, increased its position to 14030 yuan / ton, then reduced its position, rebounded in the afternoon, reached a low of 13920 yuan / ton in the afternoon, closed at 13965 yuan / ton at the end of the day, and its trading volume increased to 102000 hands. the position was reduced to 166000 hands, and the daily line closed at Xiaoyin. The total position in the Shanghai Aluminum Index decreased to 441000 lots, while the trading volume increased to 200000 lots. The main force of Shanghai Aluminum opened at night, fluctuating in the range of 13930 won 13990 yuan / ton, and then closed at 13980 yuan / ton. The range of correction after aluminum hit a new high is small, the monthly difference continues to widen, and the spot keeps rising water. It is expected that the main operating range of Shanghai aluminum will be 13900Mel 14200 yuan / ton today.

Lun Aluminum opened at $1624.0 / tonne yesterday, falling to an intraday low of $1613 / tonne in Asian trading; increased positions rebounded in European trading, wiping out intraday declines and continued to rise; in the US, it fell back after rising $1630.0 / tonne, and volatility increased; in late trading, it closed at $1624.0 / tonne, with trading volume reduced to 11900 and positions increased to 821000. It is expected that today's operating range will remain at 1600 won 1640 yuan per ton.

 

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