The overall trend of aluminum prices is mainly stable, and the center of gravity at the end of the session has risen slightly

In terms of external trading, Lun aluminum opened at 1855 US dollars / ton in the morning, during the Asian session, the market trading is relatively light, basically around 1856 US dollars / ton a narrow range of shock, high and low price difference within 5 US dollars / ton
。 Entering the European session, the market is gradually active, Lun aluminum began to test, but limited by the high pressure of the US dollar index, stopped at 1864 US dollars / ton, and then a little hovering there are three long black candles quickly give up all the gains, and finally fell to the intraday low of 1853.
5 US dollars / ton, as of 17:25, Lun aluminum did not show a significant recovery, closed at 1856 US dollars / ton, up 2 US dollars / ton, or 0.
11%, closed at the small white line, almost below all moving averages, the center of gravity was basically flat from the previous day, Due to the lack of strong support momentum in fundamentals, the space for intraday upward testing is limited, in the context of the US dollar index at a high level, it is expected that Lun aluminum will not recover significantly, continue to pay attention to the US dollar index, the news and progress
of the seventh consultation meeting of Sino-US trade in Washington.

In terms of the market, aluminum futures maintained range-bound
volatility before noon of the month.
The mainstream trading price in Shanghai was traded between 13340~13360 yuan / ton, the mainstream transaction price fell by more than 30 yuan / ton from last Friday, the spot pair began to stick 70 ~ 60 yuan / ton in the month, Wuxi transaction price concentrated 13340 ~ 13360 yuan / ton, Hangzhou transaction price concentrated between
13350 ~ 13360 yuan / ton.
Warehouse inventories have been accumulating this week, the market is circulating and the market is in sufficient supply, and holders are very active in shipments, so the discount is slightly wider
than the previous day.
Chalco East China purchased nearly 5,000 tons, and traders and middlemen traded actively
.
On the fifteenth day of the first month, the downstream manufacturers have basically started work normally, and the receiving status of goods within the day is normal, and because the aluminum price is lower than the previous day, the downstream low price has a certain willingness to purchase, and the receipt is acceptable
.
The overall transaction in East China is good
.
In the late afternoon, aluminum maintained a narrow range of fluctuations, although traders quoted around 13360 yuan / ton, and posted 50 yuan / ton for the month, but the actual transaction was less
.

The overall trend of Shanghai aluminum during the day was mainly stable, showing more technical adjustments, without major waves, continuing to wait for the guidance of relevant news, paying attention to the change of long and short positions in April and the change in market expectations for future consumption
.