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Recently, according to a number of media reports, the British new crown strain mutated, and the mutated strain may accelerate the spread of the new crown virus, contagious than the ordinary new crown virus 70%, affected by this, yesterday's internal and external aluminum prices fell sharply, Shanghai aluminum prices fell by 2.
34% on a daily basis, and continued to fall at night, closing at 16115 points
.
In the market, the price of Chinalco East China AOO aluminum ingots was 16540 yuan / ton, down 410 yuan
.
According to data from the International Aluminum Association (IAI), global primary aluminum production in November increased by 4.
1% year-on-year to 5.
471 million tons; the domestic weather turned cold, and environmental protection production restrictions had a greater impact on processing enterprises, downstream aluminum companies began to decline, and spot aluminum prices are expected to fall
.
Overall, the US $900 billion bailout bill was finally reached to help the US government fight the epidemic, but the epidemic in Europe aggravated and many countries began to lockdown, and the overall macro was intertwined
.
Supported by the continuous low level of China's 16 social libraries, the Shanghai aluminum AL2101 contract has little room for
downward mobility.
The strategy is mainly to wait and see, and you can clear the position and try to buy
the low.
