Long and short factors are more concentrated Shanghai aluminum shows a wide range of fluctuations

Today's London aluminum is strongly volatile, LME three-month Beijing time at 15:01 at 2989 US dollars / ton, slightly up 4 US dollars, or 0.
12%,
from the previous trading day's settlement price.

Today's Shanghai aluminum opened high and low, the Fed's interest rate hike and balance sheet reduction boots landed, the dollar index fell, and the market risk sentiment warmed up, but the domestic manufacturing index fell in April, and the real estate industry is still weak, the terminal demand is general, and the short-term aluminum price shock weakened
.

In terms of the market, today's spot trading price of Yangtze River is 20700-20740 yuan / ton, down 90 yuan, discount 55-discount 15; Guangdong South Reserve reported 20710-20770 yuan / ton, down 140 yuan, discount 35-discount 25; Hua reported 20750-20790 yuan / ton, down 90 yuan
.
The circulation of goods is sufficient, the transaction of low-price sources is better, the enthusiasm of large households to receive goods is general, and the transaction activity is average
.

Looking forward to the trend of Shanghai aluminum this week, the long and short factors are more concentrated, first of all, the overall correction of the external metal sector, secondly, in addition to Shanghai and Wuxi, the spot prices of mainstream consumption places in many regions have increased the domestic epidemic improvement, and the trading logic of demand will appear, so it is expected that the two trading days after May Day will show a wide range of fluctuations
.