Market risk aversion continued to push the dollar down, and aluminum fell under pressure

In terms of inventory, LME aluminum stocks were 1049525 tons, down 2,500 tons from the previous trading day, and the aluminum warehouse receipt in the previous period was 621791 tons, down 2008 tons
from the previous trading day.

In terms of spot, the Shanghai transaction concentration was 14130~14140 yuan / ton, the discount for the month was 60~40 yuan / ton, the Wuxi transaction concentration was 14130~14140 yuan / ton, and the Hangzhou transaction concentration was 14160~14180 yuan / ton
.
Intraday cargo holders generally ship, middlemen actively receive goods when there are more discounts in the early stage, and downstream basic on-demand procurement, and there are no bright spots
.
In the afternoon, the transaction price of Shanghai Wuxi was between 14130~14150 yuan / ton, and only part of the transaction was made
.

In terms of alumina, East China alumina quoted 3080 yuan / ton, unchanged from the previous trading day; Central China first-class alumina quotation of 3060 yuan / ton, up 10 yuan / ton from the previous trading day; North China primary alumina quotation was 3030 yuan / ton, up 10 yuan / ton
from the previous trading day.

Overall, market risk aversion continued to push up the dollar, and Lun aluminum lacked favorable support, and the price fell below $2,000 / ton
.
Domestic Shanxi bauxite prices continued to rise by 20 yuan / ton, and alumina prices stopped falling and rebounded
.
Following the maintenance of Dongxing Aluminum about 300,000 tons of electrolyzers, the 80,000-ton production capacity operated by Taiyuan Dongaluminum was shut down, and Zhengzhou City, Henan Province issued an autumn and winter production restriction policy to reduce the production of alumina and electrolytic aluminum by 20-30%, but the production capacity in Zhengzhou was limited and failed to bring much boost
to the market.
There is no new situation in the supply side reduction, the market still has doubts about consumption after the small peak season, and the Shanghai aluminum test 14300-14350 platform area is not strong, and it may turn into a shock
.