Market supply worries heat up, aluminum price volatility is strong, the trend has not changed

In the external market, today's Lun aluminum fluctuated at a high level, and the LME was reported at 3125 US dollars / ton at 15:01 Beijing time for three months, up 38 US dollars, or 1.
23%,
from the settlement price of the previous trading day.

During the Spring Festival, prices in overseas markets fluctuated sharply, and domestic policies promoted consumption unchanged, and infrastructure investment continued to accelerate, and domestic consumption soared
to a certain extent.
Overseas, the expectation of interest rate hikes in 2022 has increased to 4, and the first interest rate hike may be ushered in in March, which is currently in the stage of macro and fundamental games at home and abroad, and is treated
with caution after the Spring Festival.

In terms of the market, today's spot trading price of Yangtze River was 22250-22290 yuan / ton, up 630 yuan; Guangdong South Reserve reported 22260-22320 yuan / ton, up 610 yuan; Hua reported 22300-22340 yuan / ton, up 620 yuan
.
Cargo holders adjust shipments at high prices, receivers purchase on demand at low prices, large households are less motivated to receive goods, and actual transactions are limited
.

Today's Shanghai aluminum opened high, although the domestic post-holiday aluminum ingot social inventory accumulated as promised, but the accumulated amount of aluminum ingot storage was lower than the level of previous years, and the first day after the holiday market bullish atmosphere is stronger, aluminum market supply concerns are heating up, aluminum price volatility trend has not changed
.