Brief review of the aluminum market on July 2

Shanghai aluminum fell today, the main 1908 contract fell to around 13,600 intraday, recovered part of the decline at the end of the day, returned to 13,700, closed down 0.
51% to 13710, down 70 from the previous trading day; From the trend point of view, consumer demand slowed down, destocking stagnation, alumina prices fell sharply, cost support weakened, aluminum prices short-term trend is still weak, temporarily pay attention to the 13,600 mark support, wait and see; it is expected that tomorrow's spot aluminum prices will still shake a small decline
.

The price of South China aluminum ingots in South China is 13650-13750 yuan, the average price is 13700 yuan, down 120 yuan, the premium of the month is 55 yuan, the base price fell sharply, the market circulation is tight, the premium continues to be stable, traders arbitrage space is not large, the overall transaction is general, the mainstream transaction price is concentrated between 13700-13720 yuan, compared with the average price of South China South China premium 0~20 yuan
.

Today's Nanchu East China aluminum ingot quotation is 13630-13670 yuan, the average price is 13650 yuan, down 110
.
Yangtze River: 13630-13670, 13650 down 110
.
Traders take advantage of the low enthusiasm to receive goods, and the holders of goods are obviously shipped at a high price, but the actual transaction is average
.
The transaction was between 13640-13660 yuan, which was a premium of
-10~10 yuan compared with the average price of South Reserve East China.