Shanghai aluminum low finishing market trading performance is not active

Today's Lun aluminum low volatility, LME three-month Beijing time at 15:02 at 2522 US dollars / ton, down 2 US dollars, or 0.
36%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 18780-18820 yuan / ton, down 20 yuan; Guangdong South Reserve reported 18880-18940 yuan / ton, down 50 yuan; Hua reported 18850-18890 yuan / ton, down 10 yuan
.
The willingness to receive goods at the end of the month is not strong, the enthusiasm of large households to receive goods is not high, and the trading performance is not active
.

In terms of news, the Russian government said it plans to impose temporary taxes on non-ferrous metals such as aluminum, and proposes to impose tariffs of at least 15% from August 1 to this year; At present, the domestic off-season is approaching, downstream consumption is not good, and aluminum prices are expected to rise or fall little
.

The fundamental supply side has resumed production slowly, and the main downstream sectors such as profiles and plates, strips and foils have gradually entered the off-season, and the pattern of weak supply and demand in the aluminum market is expected to be more prominent; At the same time, aluminum ingots still showed a slight destocking yesterday, and the relatively low inventory still gave strong support to prices
.
Long and short factors are intertwined, and it is expected that aluminum prices will remain volatile in
the near future.