The short-term trend of Shanghai aluminum is strong, and the supply side still maintains a shortage

Domestic bullish atmosphere sentiment affects the trend of aluminum prices, and aluminum rod aluminum ingot inventories began to decline, strong support for aluminum prices, spot aluminum prices or rise
.
In the external market, intra-day aluminum fluctuated downward, and the LME was reported at $2,645 / ton at 15:01 Beijing time for three months, down $12, or 0.
45%,
from the previous trading day's settlement price.

In terms of the market, the spot aluminum price on November 11, the spot AOO aluminum ingot price of Changjiang Nonferrous Metal Network was reported at 18800 yuan / ton, up 290 yuan; The price of Chinalco East China AOO aluminum ingots was 18,800 yuan / ton, up 290 yuan
.
Domestic bullish atmosphere sentiment affects the trend of aluminum prices, the domestic financing balance grows rapidly, real estate control policies have been relaxed to boost the confidence of overseas investors, favorable macro fundamentals, and aluminum rod aluminum ingot inventory began to decline, strong support for aluminum prices, spot aluminum prices or rise
.

In terms of inventories, the London Metal Exchange (LME) reported 982025 metric tons of London aluminum on November 11, down 3,250 metric tons, or 0.
33%,
from the previous trading day.

Shanghai aluminum high volatility during the day, due to the shortage of electricity in the heating season, the supply side still maintains a shortage, and the recent good news of real estate policy has promoted the recovery of market sentiment, superimposed aluminum ingot aluminum rod inventory began to go to storage, aluminum prices short-term trend is strong
.