SMM Aluminum Market Morning Comment (Jun 19)

Overnight, the most-traded SHFE aluminum 2408 contract opened at 20,330 yuan/mt, reached a high of 20,485 yuan/mt, a low of 20,320 yuan/mt, and closed at 20,455 yuan/mt, up 70 yuan/mt, an increase of 0.34%. On the previous trading day, LME aluminum opened at $2,508/mt, reached a high of $2,520/mt, a low of $2,470/mt, and closed at $2,495.5/mt, down $12/mt, a decrease of 0.48%.