The dollar rose sharply and Lun aluminum continued to fall

On the macro front, after the US midterm elections, the market's focus once again turned to Brexit, yesterday EU Brexit negotiator chief Barnier just told the ministers of the 27 EU member states that the main content of the Brexit agreement has been prepared, but because it then said that the EU27 still has not reached a consensus on the Brexit agreement, which has turmoiled the capital market, in addition, it is worth noting the deadline for the Italian coalition government to reply to the European Commission's draft budget amendment for the next 3 years.
In the past three weeks, the Italian government has stated several times that it will not revise the target rate of the budget deficit for 2019, which may arouse the sentiment of euro bears
.

In terms of the market, the spot trading price of Yangtze River was 13820-13860 yuan / ton, down 30 yuan / ton; Guangdong South Reserve reported 13830-13930 yuan / ton, down 50 yuan / ton, the price difference between the two places was 40 yuan / ton; Some holders have slightly higher prices, and downstream enterprises are willing to receive goods
.
At the beginning of the week, the aluminum price fluctuated greatly, traders and middlemen traded actively, but there were also some middlemen who maintained their value and were willing to converge, and some large households near the weekend were more recognized for the price, and the behavior of receiving goods for the long order was obvious, but as far as the downstream is concerned, this week is basically on-demand procurement, the stocking behavior is not obvious, and the amount of goods received at a low level of aluminum prices has not increased significantly
.

In terms of industry, Xinhua News Agency reported that an explosion occurred in a warehouse of HSBC carbon factory in Pingyin County, Jinan City, killing 6 people and injuring
5 people.
Jinan's carbon production capacity exceeds 2.
5 million tons
.
Carbon enterprise explosion accident, rectification and treatment is imperative, it is expected that the operating range of aluminum prices is 13600 yuan / ton - 14300 yuan / ton
.

In terms of news, data from the General Administration of Customs of China showed that China's exports of unwrought aluminum and aluminum products in October were 482,000 tons, an increase of 37.
7% year-on-year, but a decrease of 10,000 tons from August, falling for three consecutive months
.
From January to October 2018, China exported 4.
74 million tons of unwrought aluminum and aluminum products, an increase of 18.
2%
year-on-year.
The decline in the export volume of unwrought aluminum and aluminum products in the past three months was mainly caused by the decline in orders for disguised export casting and rolling small coils after the rebound of the ratio
.

The news of the closure of Hydro Alunorte has been repeated repeatedly, the market is more cautious, it is difficult to have a hype theme, coupled with the recent increase in LME aluminum inventory, the trend of internal and external aluminum is under pressure
.
The market lacks positive stimulus, and it is expected to remain low in the short term
.