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Today's Shanghai aluminum main month 2206 contract, opening 20600 yuan / ton, the highest intraday 20690 yuan / ton, the lowest 20210 yuan / ton, settlement 20550 yuan / ton, the end of the close to 20300 yuan / ton, down 250 yuan, down 1.
22%.
Today's Shanghai aluminum shock weakened, domestic real estate policy stimulus short-term is difficult to achieve results, and April primary aluminum production hit a record high, consumption expectations have not yet recovered to the peak season level, aluminum price rebound space has been suppressed
.
Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2837 US dollars / ton, up 2 US dollars, or 0.
07%,
from the previous trading day's settlement price.
In terms of the market, today's spot trading price of Yangtze River is 20390-20430 yuan / ton, down 90 yuan, discount 20-liter 20; Guangdong spot 20400-20460 yuan / ton, down 100 yuan, discount 0-liter 60; Hua reported 20450-20490 yuan / ton, down 90 yuan
.
The performance of the spot market was not good, holders generally lowered to stimulate shipments, receiving parties waited and waited to purchase cautiously, only some of them adopted low-priced sources, and the trading performance was cold
.
This morning, Shanghai aluminum first rose and then declined, spot aluminum prices fell slightly, shipment arrival time tightened, superimposed demand expectations to pick up, holders slightly adjusted prices to stimulate transactions, resulting in the enthusiasm of receivers to inquire about prices, but the actual transaction performance was limited, only some low-priced goods flowed out, and the trading atmosphere was general
.
In terms of macro, the domestic economic data in April declined, of which the added value of industries above designated size fell 2.
9% year-on-year in April, and the total retail sales of consumer goods fell 11.
1% year-on-year, and the primary aluminum production in April hit a record high for the second consecutive month, the data showed that the primary aluminum production in April was 3.
36 million tons, an increase of 0.
3% over March, while downstream consumption recovered slowly, mainly cautiously receiving goods on the dip, the overall trading performance was weak, and the upside was limited to suppress aluminum prices
.