Lun aluminum fell slightly last Friday. After the aluminum opened higher at 1735.5, the intraday competition was fiercer and the aluminum price reached 1754.5. At the end of the selling pressure, aluminum prices closed at 1,722, the lower point of the day. It fell 12 dollars from last Thursday. A total of 77,075 contracts were traded throughout the day, an increase of 1,743 hands from last Thursday; the holdings were 385,470 lots, which was a decrease of 2,486 lots from last Thursday; the stock volume was 557,325 tons, which was 1950 tons less than last Thursday. The London Metal Exchange (LME) base metals futures ended mixed on Friday, with three-month aluminum also weakening, before hitting a resistance level of $1,750 that failed, and fell back to 1,722 at the close, falling by $12. Today's trading was light for most of the time except for the late hours, highlighting the current market's uncertainty about the future direction. Traders said that investment funds insisted on the position, but large speculators still hold a large number of positions. On Friday, Wessex Asset Management, a hedge fund firm in the UK, said that it is optimistic about the basic gold Wessex Asset Management executive said that strong demand from China and India will push up prices. Traders said that the long-term prospects of metals tend to downshift, but lower inventory indicates that investors are reluctant to go short, because of concerns that they can not cover the site. Foreign exchange market: The US dollar rose to a new high during the year against the major European currencies and hit a high of 1.2555 against the euro since last October. Operational recommendations: rebound to lighten up.
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