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Lower social inventory to offer solid support to aluminium prices, eyes on macro front in the short term
Jul 13,2021 10:46CST
Data Analysis
Source:SMM
The most-traded SHFE 2108 aluminium contract jumped above 19,000 yuan/mt to 19,350 yuan/mt at the beginning of last week, but erased gains in the following three days before stabilising on Friday July 9 and closing the week at 18,875 yuan/mt, a drop of 5 yuan/mt or 0.03%.
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