Aluminum futures slightly fluctuated sideways, and the price trend was still strong

In terms of the external market, Lun aluminum opened at 1730 US dollars / ton in the morning, the Asian session maintained a wide range of fluctuations, the high and low price difference was within 10 US dollars / ton, after entering the European trading session, Lun aluminum opened a new round of upward testing, but finally blocked again at 1730 US dollars / ton position, because the day has not been broken, and then the high fell, the low fell to around 1722.
5 US dollars / ton began to hover, as of 18:10 Lun aluminum closed at 1722.
5 US dollars / ton, the center of gravity was flat
from the previous day 。 Recently, the US dollar index has recorded new lows, and the external metals have strengthened, and the upward performance of London aluminum has continued to be weak after refreshing a new high in more than 4 months, and it is expected or will continue to test the size of the upper space, paying attention to the US index and relevant macro data
in the European Union.

In the market, aluminum futures maintained a wide range of
volatility before noon.
The spot price of aluminum ingots in Shanghai is between 14760-14780 yuan / ton, the spot price of aluminum ingots in Wuxi is concentrated between 14780-14800 yuan / ton, the absolute price of spot is about 100 yuan / ton higher than the previous day, the spot premium is between 80-100 yuan / ton, the market spot price difference between the current month and the next month is around 10 yuan / ton, the price of imported aluminum ingots is between 14700-14720 yuan / ton, and the price in Hangzhou is between 14780-14800 yuan / ton
。 Intraday shipments of cargo holders are very positive, but the willingness to raise prices has not been significantly weakened compared with the previous period, the middlemen mainly replenish the goods for long orders, the receipt of goods is flat, and the trading of buyers and sellers is
acceptable.
A large household purchases normally within the day, which is relatively stable
from the perspective of procurement plan.
Downstream on-demand stocking is the mainstay, because the price has increased by more than 100 compared with the previous day, the enthusiasm for intraday replenishment is general, and it is more afraid of heights, traders feedback that their downstream customers feedback that orders have decreased significantly, and the demand for raw materials is not as strong
as in the previous period.
In the late afternoon, aluminum maintained a high level of volatility, and the price of holders was around 14770-14800 yuan / ton, and the premium on the plate was 70-100 yuan / ton, only a small number of transactions between traders, and there were
few downstream.

The main futures contract changed the month soon, and the long position was mainly moved to the aluminum price during the day
.
The import window of aluminum ingots can also be maintained for a period of time, and the export of electrolytic aluminum stocks has been suppressed by imports, resulting in a small change in the current inventory level, but still at a low level
below 700,000 tons.
The logic of low inventory prices has not changed, and the price trend of aluminum is still strong
.