Shanghai aluminum is weak and volatile, and the short-term trend may gradually stabilize

In terms of external trading, today's London aluminum is weak and volatile, LME three-month aluminum Beijing time at 15:00 at 1993.
5 US dollars / ton, down 1.
5 US dollars, or 0.
08%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 15690-15730 yuan / ton, down 60 yuan; Guangdong South Reserve reported 15770-15830 yuan / ton, down 90 yuan; Hua reported 15800-15820 yuan / ton, down 60 yuan
.
The market is cold, the circulating supply is relatively sufficient, the downstream procurement demand is not good, and the transaction activity is weak
.

As of the close of 3 p.
m.
, the main 2102 contract of Shanghai aluminum closed down at 15460, down 15, or 0.
10%; Shanghai aluminum continued to fluctuate in a narrow range during the day, and the overall fluctuation range was small
.

At present, the current macro situation remains relatively stable, the epidemic and other bearish news is gradually digested, aluminum prices or return to fundamentals dominance, short-term trend or gradually stabilize, but considering the recent launch of the new crown vaccine or a certain boost to market confidence, the subsequent aluminum price still has the possibility of upside, the main force can continue to pay attention to the 1.
53-15,700 range of volatility for the time being, the operation can temporarily wait and see or buy the right amount of bargain, it is expected that next week's spot aluminum will continue to fluctuate the market, and the overall stability
.