Shanghai aluminum opened high and down, and the low volatility continued

Today, Lun aluminum jumped high and downward, LME three-month Beijing time at 15:01 at 2270 US dollars / ton, down 20 US dollars, or 0.
90%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 18470-18510 yuan / ton, down 220 yuan, discount 25-discount 15; Guangdong spot 18510-18570 yuan / ton, down 200 yuan, premium 15-liter 75; Hua reported 18530-18570 yuan / ton, down 200 yuan
.
Under the influence of bearish sentiment in the spot market, holders often cut down to dump goods, and receivers choose to wait and see for procurement, the overall trading situation is difficult to say ideal, and the transaction atmosphere is weak
.

Domestically, the supply margin narrowed, with the improvement of economic data in September, the weak demand margin warmed, the peak season expectation may be delayed, and there is still some room
for inventory to be adjusted under the traditional accumulation cycle.
At present, aluminum prices may run strongly under the dominance of many factors, paying attention to the trend of domestic social treasury and the impact of
overseas news.

Today's Shanghai aluminum opened high and downward, the decline widened during the day, the dollar strengthened, and the inventory of aluminum soared, which suppressed aluminum prices, superimposed on the impact of the domestic epidemic and the drag of the real estate sector, the low volatility of Shanghai aluminum continued
.