February 5 aluminum market afternoon review

Stimulated by the news that Inner Mongolia sharply raised the electricity price of high-energy-consuming industries such as electrolytic aluminum, Lun aluminum opened high overnight and closed in Zhongyang, closing at $1994.
5
.
After the daily rise of Shanghai aluminum, the night session continued to rise sharply to close in Zhongyang, closing at 15440
.
Shanghai aluminum trading is stable, positions are rising, and market sentiment is strong
.
At present, a large number of upstream and downstream manufacturers have stopped work, the market volume is insufficient, and short-term Shanghai aluminum may test the 60-day moving average pressure of 15600, but the transaction is insufficient and it may be difficult to maintain a high level
for a long time.
Upper pressure 15600, lower support 15000

The delay in EU vaccination dragged down the progress of the economic recovery in the euro area, and the dollar index rebounded to 91.
5, putting pressure
on non-ferrous metals.
The social inventory of electrolytic aluminum released on Thursday was 714,000 tons, up only 09,000 tons from the previous value, and the accumulation range was not large
.
The operating rate of aluminum has declined, downstream processing enterprises have entered a holiday state, and subsequent electrolytic aluminum consumption will continue to weaken, paying attention to the accumulation space
of Shanghai aluminum.