Shanghai aluminum afternoon review on December 27

Overnight, the Shanghai aluminum main 2002 contract opened at 14070 yuan / ton at night, after the opening of the Shanghai aluminum long and short game, the disk performance in a narrow range, the lowest test to 14035 yuan / ton, and finally closed at 14065 yuan / ton
.
Yesterday's aluminum leakage was obvious, superimposed electrolytic aluminum social inventory weekly decline narrowed, bulls' confidence was hit, but also created opportunities
for bears to increase positions.
It is expected that today's Shanghai aluminum main shock operation is 14030-14200 yuan / ton, and the spot pair is rising around
150-170 yuan / ton in the month.

The price of AOO aluminum ingots in East China was 14,620 yuan / ton, up 130 yuan
.
The profits of aluminum enterprises still maintain a high level, and in the case of profit, electrolytic aluminum plants are accelerating the production process, and the supply pressure in the later period is greater; The current spot market trading is flat, there are not many downstream receipts, and today's spot aluminum prices are expected to fall
slightly.

Shanghai aluminum medium and long-term bearish, next year electrolytic aluminum plan to put into production capacity is huge, and raw material end oversupply, cost is weak, electrolytic aluminum profit scale continues to expand, new production capacity into production speed, recently Yunnan Province series of production plans can also reflect, operation to maintain short ideas, it is recommended to hold short orders, the first target is around
13800.