Market merchants continue to be afraid of heights and wait and see, Shanghai aluminum continues to be weak

Today, Lun aluminum opened low and went low, and the LME was reported at $3,544 / ton at 15:01 Beijing time for three months, down $137, or 3.
72%,
from the settlement price of the previous trading day.

On the macro front, the war between Russia and Ukraine continues, and the price of crude oil and natural gas has soared
for several days.
And in the context of sanctions imposed by many countries against Russia, traders have interrupted energy from Russia to avoid safety, and supply concerns have increased, and Lun Aluminum has continuously updated its listing highs
.
In terms of domestic fundamentals, Yunnan, Guangxi and other places have begun to resume production, and the process of resumption of production is different
.
The aluminum market shows a state of external strength and internal weakness, and the import window continues to close
.

In terms of the market, today's spot trading price of Yangtze River is 22030-22070 yuan / ton, down 660 yuan; Guangdong South Reserve reported 21990-22050 yuan / ton, down 670 yuan; Hua reported 22090-22130 yuan / ton, down 660 yuan
.
Today's aluminum prices continue to plummet, holders are bearish, have stepped up shipments and selling, but the receiver still presses the price and less mining, replenishes the warehouse on demand, although the transaction continues, but the transaction is few
.

Today, Shanghai aluminum continued to weaken, affected by the suspension of LME nickel trading, LME aluminum prices pulled back sharply, Shanghai aluminum followed the drop limit rebound to close down 5.
46%, coupled with the rise of domestic aluminum ingot social treasury, and the downstream continued to fear heights and wait and see less mining, aluminum prices continued to
weaken.