The data is not good, and the demand of spot aluminum increase or decrease is in the 10th.
Today's aluminum market summary: the US dollar index fell and the oil price rose to increase the popularity of the commodity market, overnight Lun aluminum rose 17 dollars, the domestic data is not good to suppress the market demand prospects, it is expected that the Shanghai aluminum range shocks, now aluminum or ups and downs limited.
Futures market: The US dollar index fell slightly on Monday. The news of production cuts boosted oil prices to a new high of more than a month. The commodity market rebounded and the trend of the overnight aluminum market was strong. The latest closing price was US$1800/ton, up US$17, or 0.95%. The number of 11356 hands increased by 755 hands, and the number of positions 772,535 hands increased by 8166 hands. In the evening, Shanghai aluminum opened higher and weaker. The latest closing price of the main month 1911 contract was reported at 14390 yuan/ton, down 15 yuan, or 0.10%.
On the London Metal Exchange (LME) on September 09, the latest inventory of Lun Aluminum was reported at 922,000 metric tons, a decrease of 3225 metric tons from the previous trading day, a decrease of 0.35%.
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