Aluminum shock weakened There is still a clear divergence between long and short

In terms of the market, the spot price of Shanghai aluminum is concentrated in 13720-13730 yuan / ton, the discount of the month is 40 yuan / ton - discount of 30 yuan / ton, the transaction price of Wuxi is concentrated 13720-13730 yuan / ton, and the transaction price of Hangzhou is concentrated between
13730-13750 yuan / ton.
Intraday shipments of cargo holders are still active, intermediaries are more active, downstream basic on-demand procurement, but in the later period of aluminum prices down, the decline is large, the downstream began to turn to a wait-and-see attitude, receiving goods converged
.
The enthusiasm of large households to receive goods has increased, and the price has increased
slightly compared with the mainstream transaction price in the market.

On the news front, the Asian dollar index was broadly volatile and now trading around 96.
214, and New York Fed President John Williams said that the Fed's interest rate hike policy is not "preset", but will raise interest rates
against the backdrop of a strong economy.
In terms of industry, according to the monitoring of the Ministry of Commerce, the price of non-ferrous metals fell by 0.
8% last week, of which the prices of aluminum, zinc and copper fell by 1.
4%, 0.
6% and 0.
5%
respectively.

In terms of the spot market, the downstream is basically purchased on demand, but as the aluminum price weakens further, the decline increases, and the downstream begins to turn to a wait-and-see attitude, receiving goods convergence
.
On the technical side, the current Shanghai aluminum technical indicators have shown some iterations, and there are still obvious differences between market bulls and bears, but the futures price is suppressed by the 10-day moving average
.
Operationally, it is recommended that the Shanghai aluminum 1901 contract can consider short order intervention around 13800 yuan / ton, and the stop loss refers to 13900 yuan / ton
.