The overall sentiment of non-ferrous metals is more, and Shanghai aluminum continues to fluctuate at a high level

In terms of external trading, in the morning, Lun aluminum opened at 2092.
5 US dollars / ton, the Asian session was driven by the surrounding metals and the domestic market, the center of gravity of Lun aluminum slowly moved up, the high touched 2112 US dollars / ton, but the rise was slightly weak, entering the European trading session, the US dollar turned red strongly, the base metal was under pressure downward, Lun aluminum leaked sharply to 2073.
5 US dollars / ton, as of 17:42, Lun aluminum reported 2080.
5 US dollars / ton, if the dollar continues to rebound, it is expected that Lun aluminum will be under pressure to test 2050 US dollars / ton
。

In terms of the market, aluminum rose sharply overnight that month, and the high and wide range fluctuated during the day, and the center of gravity rose
.
Shanghai transaction concentration 16200-16240 yuan / ton, the month discount 260-190 yuan / ton, Wuxi transaction concentration 16200-16240 yuan / ton, Hangzhou transaction concentration 16220-16240 yuan / ton, Hangzhou early shipment, although the later price is raised, but there is almost no transaction
。 Smelter shipments have decreased, traders actively shipped, downstream enterprises are afraid of high purchase willingness is not strong, aluminum first suppressed and then rising, spot discount expanded from 190 yuan / ton to a maximum of 260 yuan / ton, in view of the bullish spot and discount expansion of profit margins, middlemen willingness to receive goods with the rise and increase, the overall transaction is mainly concentrated in traders, difficult to digest aluminum ingot inventory
.
In the late afternoon, aluminum fell back and fluctuated in the month, and the transaction price in East China was 16200-16210 yuan / ton
.

In terms of news, the overall sentiment of domestic nonferrous metals has been more recently, but under the influence of the sharp decline in the external market, the aluminum market has seen a deep correction, and the fundamentals of aluminum inventory have maintained a substantial increase trend, the spot discount is deep, and the market has a sharp
impact with capital fluctuations.
On the technical side, the main KDJ top divergence of Shanghai aluminum, MACD golden cross, the price of a sharp correction to form a yin and yang, short-term or continue to pullback
.
It is expected that the spot price may fall to about
15600 yuan / ton.