Brief review of the aluminum market on May 25

Today's Shanghai aluminum main 2007 contract opened at 12810 yuan / ton in the morning, the opening 5-minute K line recorded a spindle line, the lower shadow tested the lowest point of the day at 12790 yuan / ton, the first trading stage oscillated upward, the high recorded 12890 yuan / ton, continued to rise blocked, short into the long flat, the second trading stage high fell, all the way down to 12805 yuan / ton, the afternoon maintained a narrow range fluctuations, finally closed at 12840 yuan / ton, up 40 yuan / ton, up 0.
31%, closed at the small white line, The center of gravity is slightly higher than yesterday
.

Today's Shanghai metal network spot aluminum ingots are quoted today at 13240 -13280 yuan / ton, the average price is 13260 yuan / ton, up 110 yuan from the previous trading day, and the premium for the 2006 contract is 80 yuan / ton ~ 120 yuan / ton
.
Shanghai aluminum near-month 06 contract fluctuated up this morning, up about 0.
8%, the morning quotation of the holder is limited, the receipt price of large households is equivalent to the following order is rising about 100 yuan / ton, the market on the net price average price ~ average price -10 yuan / ton or so, the average spot price of aluminum ingots rose by more than 100 yuan with the price of the market, middlemen and downstream on demand to receive goods, the transaction is general
.

It is expected that aluminum prices will continue to maintain range volatility, and today's announcement of electrolytic aluminum inventories in mainstream consumption areas, destocking efforts are still strong, and the short-term downward space of aluminum prices under the background of strong destocking is temporarily limited
.
Continue to pay attention to changes in long and short positions and changes in market trading sentiment
.