Shanghai aluminum shock decline, spot aluminum continues to be weak

Today's Lun aluminum low finishing, LME three-month aluminum Beijing time at 15:00 at 1988 US dollars / ton, down 42 US dollars, or 2.
07%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River was 15840-15880 yuan / ton, down 330 yuan; Guangdong South Reserve reported 16020-16080 yuan / ton, down 370 yuan; Hua reported 15960-15980 yuan / ton, down 320 yuan
.
The circulation supply is sufficient, the shipment of the holder is blocked, the procurement demand is sluggish, and the transaction activity is average
.

The epidemic at home and abroad has repeatedly dealt a big blow to market confidence, and today non-ferrous metals have generally fallen, and Shanghai aluminum continues to weaken sharply, as of the close of 3 p.
m.
, the main 2102 contract of Shanghai aluminum closed down at 15365, down 390, or 2.
48%.

At present, the overall performance of the fundamentals of the aluminum market is not good, the support for aluminum prices under the slow accumulation of inventory is gradually weakening, and short-term Shanghai aluminum may still have a certain possibility of downward, but there is also news that the United States will come out with another $900 billion stimulus plan next week, and the follow-up can continue to pay attention to the implementation of policies, if the macro is good again, there is a certain chance of rebound in aluminum prices; The short-term main force can pay attention to the 15,000 support, the operation is still mainly wait-and-see, and it is expected that spot aluminum will continue to be weak
tomorrow.