Brief review of the aluminum market on September 26

On Wednesday, the United States launched Trump's impeachment, the market's optimism about Sino-US trade weakened, and the Shanghai aluminum shock was weak, as of the close, the main 1911 contract closed down 0.
7% to 14110, down 100 from the previous trading day; Short-term affected by macro, aluminum price volatility is weak, below pay attention to the 14000 mark support, and close to the National Day small long holiday, there are uncertain factors in aluminum prices after the holiday, so it is recommended to wait and see; It is expected that spot aluminum prices will fall, with a range of about
50 yuan.

South China South China aluminum ingot quotation 14280-14380 yuan, the average price of 14330 yuan, down 40 yuan, the monthly premium of 95 yuan, long-term order supply increased, supply turned abundant, downstream only need to purchase, the enthusiasm for receiving goods has declined, and the transaction is not ideal
.
The mainstream transaction price is concentrated between 14310-14350 yuan, which is -20~20 yuan
higher than the average price of South China Reserve.

The price of South Reserve East China aluminum ingots was 14260-14300 yuan, with an average price of 14280 yuan, down 50
.
Yangtze River: 14260-14300, 14280 down 30
.
In the morning market, the price of goods holders was reluctant to sell, the market circulation supply was tight, the spot transaction price maintained a premium state, and during the second trading session, the enthusiasm of the holders to ship increased slightly, and as the price of aluminum gradually declined, the transaction price fell
.
Trading before noon was weak, and the overall transaction in East China was average
.
The spot transaction price is concentrated in 14260-14300 yuan, which is -20~20 yuan higher than the average price of South Reserve East China
.