At present, long and short factors are intertwined, and it is difficult for aluminum prices to have obvious directions and trends

In terms of external trading, Lun aluminum opened at 2038 US dollars / ton in the morning, and the Asian session Lun aluminum fluctuated down to around 2030 US dollars / ton, and entered the European trading session at the end of the afternoon, Lun aluminum amplitude and volatility were improved, rushing up to 2041.
5 US dollars / ton after quickly leaking to record a low of 2029 US dollars / ton, and then fluctuated at the daily average of 2033 US dollars / ton, as of 17:54, Lun aluminum reported 2033.
5 US dollars / ton
.
At present, overseas consumption is also facing the off-season, the fundamentals have weakened, and it is expected that Lun Aluminum will maintain a weak shock market in the short term
.

In terms of the market, before the afternoon, the Shanghai transaction concentration was 13850~13870 yuan / ton, the discount for the month was 10 yuan / ton to Pingshui, the Wuxi transaction concentration was 13850~13870 yuan / ton, and the Hangzhou transaction concentration was 13870~13890 yuan / ton
.
On the last trading day of the 1807 contract of the month, East China inventory increased on Monday, the shipment of holders increased, the middlemen had a strong wait-and-see attitude, and in the off-season, downstream enterprises only purchased according to just needs, and the overall transaction was poor
.
In the late afternoon, aluminum fluctuated in the month, and the transaction price in East China was 13860~13870 yuan / ton
.

In terms of inventory, during the day, the aluminum warehouse receipt of the previous period was 733523 tons, down 515 tons
from the previous trading day.
As of July 16, LME aluminum stocks increased by 11,000 tons to 1,155,700 tons
.

At present, the long and short factors are intertwined, on the one hand, the cost stabilization and rebound brought about by the stabilization and rebound of alumina prices, on the other hand, facing the consumption off-season, the weakening of the fundamentals themselves, so it is expected that in the short term under the disturbance of no sudden events, Shanghai aluminum still maintains the shock finishing of the 10,400 Threshold, and it is difficult to have a clear direction and trend
.
On the whole, the inventory in the previous period fell to rise, aluminum prices or pressure, many alumina plants in Shanxi stopped production and maintenance and flexible production, alumina is expected to stop falling, which is good for aluminum prices
.
Technically, the 5-day moving average and the 10-day moving average dead cross, KDJ indicator dead cross, it is expected that the main force of Shanghai aluminum 1809 oscillation is weak, the operating range is 13900--14400, for reference
only.