Holders offer firm, and there is limited space above aluminum prices

Today, LME three-month aluminum fell back to 1901 US dollars / ton at 15:00 Beijing time, down 1 US dollars, or 0.
05%,
from the settlement price of the previous trading day.

In terms of the market, today's spot trading price of Yangtze River is 15160-15200 yuan / ton, up 10 yuan; Guangdong South Reserve reported 15080-15140 yuan / ton, up 20 yuan; Hua reported 15270-15290 yuan / ton, up 20 yuan
.
The quotation of the cargo holder was firm, the enthusiasm of large households to receive goods was general, and the downstream was afraid of heights and wait-and-see, and the transaction activity declined
slightly.

Industry news, a few days ago, Wenshan Funing Green Hydropower and Aluminum Integration Project (Phase II) 220kV external power supply project was successfully put into operation
.
The project is the first project to be put into operation among the many hydropower aluminum-silicon supporting power grid projects undertaken by Yunnan Power Grid Construction Branch, and will meet the demand for 450,000 tons of electrolytic aluminum power supply in the second phase of Yunnan Shenhuo Aluminum Co.
, Ltd.
after being put into operation
.

At present, the high volatility of copper and aluminum led by macro factors awaits the direction of the macro trend, while the traditional off-season signs are strengthening on the fundamentals, and the medium line focuses on Sino-US monetary and fiscal stimulus policy guidance and dynamic supply and demand adjustment
.