The decline in aluminum prices has eased slightly, and tight supply will still provide support

In terms of external trading, Lun aluminum opened at 1544.
5 US dollars / ton, the Asian market before the afternoon Lun aluminum weak down 1536 US dollars / ton, crude oil rose, the US dollar fell, Lun aluminum touched low and rebounded, especially in the afternoon Shanghai aluminum rose sharply, Lun aluminum rose sharply, the Asian high touched 1556 US dollars / ton; Entering the European and American session, Lun aluminum continued the Asian market upward trend, after the high touched 1562.
5 US dollars, the high fluctuated, as of 17:00, Lun aluminum recorded 1558 US dollars / ton
.

In terms of the market, aluminum fell before noon of the month
.
Shanghai trading concentrated 12250-12270 yuan / ton, the monthly premium was 150-160 yuan / ton, Wuxi transaction concentrated 12270-12280 yuan / ton, Hangzhou transaction concentrated 12320-12330 yuan / ton
.
Spot performance is firm, premium water rises further, holders are active in high shipments, aluminum futures continue to rise in the second trading session of the month, middlemen's willingness to receive goods has rebounded, downstream inventory is low, inquiries are increasing, can only accept strong spot prices, on-demand procurement, the overall transaction is warmer
than yesterday.

Driven by the sharp premium of spot, futures aluminum prices bottomed out, the tight supply situation in the short term is still continuing, the production capacity release on the supply side has been slower than expected at present, and the strong spot aluminum price will continue to give Shanghai aluminum support
.
On the plate, the aluminum price has strong support at the 12,000 line, and the operation continues to rely on the support level to build long orders, or continue to rebound the market
.