The marginal weakening of market confidence The aluminum market is at risk of falling

In terms of news, the second outbreak of the epidemic in Europe and the United States affected market sentiment, and the strengthening of the US dollar combined with the weakening of US stocks led to a weakening of market confidence margin, weighing on the trend
of metals.

In the spot market, in the early stage of the East China market, the holders of goods shipped actively, the market was afraid of heights, the receipt of goods was general, the aluminum price fell sharply in the later stage, the holders showed sparing goods, the market received goods with a strong atmosphere, and the overall transaction was general; In the early stage of the South China market, the holders actively shipped, the demand side was afraid of heights, the receiving sentiment was not good, the base price fell sharply in the later stage, the holders were sparing the goods, the downstream goods were actively received, and there were stocks before the holiday, and the overall transaction improved
.

The recent weakness of the stock market and the strength of the US dollar index have made the nonferrous metal maintain a weak trend, while Shanghai aluminum has changed the stronger trend in the previous period and performed unusually weakly
.
During the November long holiday, the volatility of the peripheral market will increase, and investors' control of positions is bound to rank first; However, the decline in mid-to-late September has already reflected on fundamental risks, so the peripheral amplitude is large, but the actual rise and fall may be small, and the impact on Shanghai aluminum may be weak
.