Shanghai aluminum rushes back down There is pressure above

Today's London aluminum fluctuated in a narrow range, and the LME three-month aluminum Beijing time was reported at 1778 US dollars / ton at 15:01, unchanged from the previous trading
day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 14580-14620 yuan / ton, up 30 yuan; Guangdong South Reserve reported 14680-14740 yuan / ton, up 10 yuan; Hua reported 14700-14720 yuan / ton, up 30 yuan
.
Cargo holders mainly dumped goods, a small amount of downstream stocks, supply and demand were slightly deadlocked, and the transaction was relatively weak
.

India is planning to tighten regulations on copper and aluminum imports, while developing policies to curb exports from China and other Asian countries to protect domestic producers
, officials said.
India imported about $4.
4 billion worth of aluminium
in 2019/20.
China is the largest supplier, with aluminum shipped worth more than $1 billion
.

Aluminum ingot social stocks edged up by 10,000 tonnes
this week.
Unwrought aluminum and aluminum exports have rebounded for two consecutive months, and the recovery of domestic real estate and automobiles supports the expectation of destocking in the peak season, and the expectation of consumer feedback is poor
.
At present, inventory levels are at a low level, and the monthly difference maintains a back structure
.
The probability of oscillation above the short-term aluminum price is large, and the operation of high selling and low absorption in the fluctuation range is the mainstay
.