Metal performance is flat, and aluminum is expected to test platform pressure

In terms of inventory, LME aluminum stocks were 1052025 tons, down 4,675 tons from the previous trading day, and the aluminum warehouse receipts in the previous period were 623799 tons, down 1,646 tons
from the previous trading day.

In terms of spot, Shanghai transaction concentration is 14180~14200 yuan / ton, the discount for the month is 70~50 yuan / ton, Wuxi transaction concentration is 14180~14200 yuan / ton, Hangzhou transaction concentration is 14200~14220 yuan / ton
.
Today's cargo holders are still positive in shipments, but there are fewer downstream receipts, more middlemen, and the overall transaction is
acceptable.
In the afternoon, the transaction price in East China was concentrated between 14170~14190 yuan / ton, and only a small number of transactions
were made downstream.

In terms of alumina, East China alumina quoted 3080 yuan / ton, unchanged from the previous trading day; Central China first-class alumina quotation of 3050 yuan / ton, unchanged from the previous trading day; North China primary alumina quotation of 3020 yuan / ton, unchanged
from the previous trading day.

On the news front, the market has doubts about the timing of China's stimulus package, coupled with a sharp rebound in the US dollar, and metals are flat
.
Some domestic alumina companies announced maintenance or production reduction, and alumina prices stopped falling
.
After Dongxing Aluminum had to overhaul the alumina tank with a scale of about 300,000 tons, the 80,000-ton production capacity operated by Taiyuan Dongaluminum was shut down
.
The supply side began to shrink on a certain scale to bring improvement to the supply and demand pattern, and the consumption after the small peak season in October remains to be seen, and the aluminum price rebound target is temporarily looking at the platform of 14350 yuan / ton
.