The demand side has not improved significantly, and Shanghai aluminum has been weakened once again

Today's Lun aluminum is weak and volatile, LME three-month Beijing time at 15:01 at 2227 US dollars / ton, down 24 US dollars, or 1.
07%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 18390-18430 yuan / ton, down 190 yuan, discount 70-discount 30; Guangdong spot 18430-18490 yuan / ton, down 150 yuan, discount 30-liter 30; Hua reported 18450-18490 yuan / ton, down 180 yuan
.
Holders follow the price adjustment and shipment to reduce the warehouse, the receiving party is generally enthusiastic about purchasing, the overall transaction tends to be flat, and the transaction situation is average
.

Today's Shanghai aluminum opened low and went low, macro bearish pressure continued to cash, commodity prices continued to come under pressure, domestic and foreign supply disturbances supported aluminum prices, but the demand side has not improved significantly, real estate gold and insufficient home appliances dragged down, Shanghai aluminum once again frustrated weak
.

In the short term, the fundamentals of domestic aluminum prices still have some support, and if supply continues to tighten or consumption improves significantly, aluminum prices are expected to get a phased boost
.
However, the current US dollar liquidity shock and the strengthening of expectations of weakening global terminal demand are still the market's worries, and we need to be wary of the risk
of price fluctuations brought about by macro sentiment exceeding expectations.