Shanghai Jinpeng: Shanghai Aluminum's volatility is lower and transactions have been enlarged

The domestic aluminum price volatility was lower today, and after the aluminum price opened higher, it was weakened by the sharp fall in copper price. The transaction volume was enlarged, and the closing contracts were all closed at relatively low prices. In view of the previous period, the strength of aluminum prices made some bullishness. Profits are very high, so it is reasonable to raise prices in recent days, but the market outlook has strong support at 17,000. (Xu Junbin)

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