Aluminum market noon review on December 22

From a fundamental point of view, near the end of the year, aluminum supply recovery is very slow, overall still at a low level, but demand due to the end of the year rush and power restrictions after the resumption of production has recovered, supply and demand balance has improved in stages, reflected in the inventory display to the warehouse, is also positive
.
However, it is necessary to pay attention to the suppression of demand by factors such as the Winter Olympics and early holidays, so as to curb the rate of
price increases.

Coal fell slightly yesterday, Lun aluminum opened high and rose to close Changyang, closing at $2768, Shanghai aluminum opened high and rose to close Zhongyang, closing at 19825.

Policy factors have led to inactive trading of Shanghai aluminum, but the fundamentals have improved, and the future market may continue to fluctuate upward with Lun's aluminum
.
Upper pressure 22000, lower support 18500
.