February 22 aluminum market morning review

Worries about the epidemic, continued inventory growth and slow resumption of downstream work, Shanghai aluminum shock fell on Friday, as of the close, Shanghai aluminum main 2004 contract closed down 0.
69% to 13580, down 95 from the previous trading day; Intraday loss of the 13600 mark, from the trend point of view, lack of favorable boost, short-term aluminum price shock pattern is difficult to change, below pay attention to the 13500 mark support; It is expected that spot aluminum will fall slightly next Monday
.

Foshan aluminum: 2/21 South Reserve Foshan aluminum ingot quotation 13530-13590 yuan, the average price of 13560 yuan, down 80 yuan, the month discount of 45 yuan, tight funds traders tend to sell, the circulation of goods is abundant, the market is more and less, the overall trading remains light
.
The mainstream transaction price is concentrated between 13520-13570 yuan, which is a premium of -40~10 yuan
compared with the average price of Nanchu Foshan.

Wuxi aluminum: 2/21 Nanchu Wuxi aluminum ingot quotation 13510-13550 yuan, the average price is 13530 yuan, down 50 yuan, 75 yuan
discount for the month.
Yangtze River: 13500-13540, 13520 down 80
.
In the morning, the cargo holders were active in shipments, the demand side was mainly wait-and-see, the transaction was small, the circulation was relatively tightened before the afternoon, the receiving party turned active, and the transaction increased
.
The spot transaction price is concentrated in 13500-13540 yuan, which is -30~10 yuan higher than the average price of Nanchu Wuxi
.