Aluminum Prices Are Likely To Fall

13th, May morning cnal.com comprehensive market analysis: the last trading day of the Yangtze river non-ferrous aluminum average price up 20 to 13040, the south China sea non-ferrous aluminum average price up 0 to 13330. Shanghai aluminum spot monthly contract 2005 opened 13,000, the highest 13085, the lowest 12915, closed at 12950, down 10 or 0.08%. London aluminum 3 opened 1496.00, the highest 1499.50, the lowest 1475.50, closed 1479.50, down 17.00 or 1.14%. The dollar index.dxy, which opened at 100.23, hit a high of 100.44 and a low of 99.65, closed at 100.01, down 0.21 or 0.21 percent. LME aluminium stocks rose by 7,275 tonnes to 1,354,375 tonnes. Inventories in the previous period fell by 2,679 tons to 174,429 tons.

Today's aluminum price analysis:

Overnight futures market non-ferrous metal varying degrees of decline, Shanghai aluminum in recent months around 13000 blocked, shock lower. Today's aluminum price is expected to fall probability larger, for reference only.