- karen@cnmagnetwire.com
- +86 577 8815 8291
SMM 26th Jan - Shanghai aluminum main contract early in 14730 yuan/ton, which is dominated by the more sides jersey after opening into the market price shock test, low hit 14610 yuan/ton, the afternoon trading activity is low, prices low sideways closed at 14625 yuan/ton, lower stock prices to a close, although rain and snow weather part of transportation, but given the current large inventory pressure, the fundamentals have further weakening expected, aluminium hardly strength, at the same time, considering the low ratio of the set of funds, the Shanghai aluminum defensive or slightly stronger than Aaron.
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