CCMN International Market Review: today's rise and fall of Lun AluminumDoubleucasinofreeslotsLME was quoted at US $2551 / ton at 15:01 Beijing time three months.DoubleucasinofreeslotsThe settlement price increased by 3 US dollars / ton, or 0%, compared with the previous trading day.Doubleucasinofreeslots.14%.
Changjiang aluminum net domestic market: today Shanghai aluminum main monthly 2406 contract, opening price is 20640 yuan / ton, intraday high 20730 yuan / ton, lowest 20505 yuan / ton, yesterday settlement 20480 yuan / ton, closing at 20545 yuan / ton, up 65 yuan, an increase of 0Doubleucasinofreeslots.32%; Shanghai Aluminum's main monthly 2406 contract turnover of 123785 lots decreased by 75041 lots, and its position decreased by 160225 lots by 6485 lots. Today, Shanghai Aluminum opened high after a narrow range of operation, the trend is moderate. Before the release of key US inflation data, market traders were on the sidelines and the dollar rebounded, putting pressure on aluminum prices. But China will issue its first batch of ultra-long-term government bonds this week, with an issuance of up to 1 trillion yuan, propping up market sentiment. In addition, the property market optimization policies occurred frequently in May, and the real estate market is expected to pick up again, which will drive the consumption prospect of the aluminum market. In addition, the aluminum ingot community continued to decline and refresh an one-month low, supporting aluminum prices. In the short term, Shanghai aluminum shock operation is strong.
CCMN spot market review: today, the spot transaction price of the Yangtze River is 20490-20530 yuan / ton, up 80 yuan, discount 80-discount 40, down 10 yuan; Guangdong spot 20430-20480 yuan / ton, up 60 yuan, discount 140-discount 90, down 30 yuan; Shanghai area 20480-20520 yuan / ton, up 80 yuan, discount 90-discount 50 yuan, down 10 yuan. Today, the trading atmosphere in the aluminum market is fading, and holders are following the market trend to adjust price shipments, and the market is about to usher in a month change. traders are busy with discount orders and looking for suitable sources of goods for delivery arbitrage, and demand remains robust but there is not enough gas in the spot market. buyers mainly focus on small replenishment, and the overall transaction is slightly deserted.
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