Aluminum prices fluctuated at a low level, and long and short trading was cautious

In the spot market, the spot price of Shanghai aluminum was concentrated in 14100-14120 yuan / ton, the discount for the month was 70-60 yuan / ton, the Wuxi transaction concentration was 14100-14120 yuan / ton, and the Hangzhou transaction concentration was 14130-14150 yuan / ton
.
During the day, middlemen received goods positively, some traders thought that the basis was suitable for shipment to receiving, and the downstream basically purchased on demand, and there was not much bright spot
.

In terms of news, the Asian market dollar index is volatile, now trading around 96.
415, the US Department of Commerce released data showing that the United States real GDP in the third quarter annualized quarter preliminary value of 3.
5%, expected 3.
3%, the previous value of 4.
2%, the United States GDP growth in the third quarter exceeded expectations, the best performance
since 2015.

On the industry front, President Trump's representative said at an event in Ontario on Friday that President Trump is considering whether Canada should be exempted from steel and aluminum tariffs, and Canadian officials hope the issue will be resolved
soon.

Shanghai aluminum rushed back down during the day, compared with other non-ferrous metals, the current aluminum performance is more resistant
.
In the spot market, middlemen are active in receiving goods, some traders believe that the basis is suitable for shipment to receipt, and downstream basic on-demand procurement, there is not much bright spot
.
On the technical side, the MACD indicator crosses at a low level, and the short selling pressure above the futures price is still large, and the short-term or maintain a volatile pattern
.
Operationally, it is recommended that the Shanghai-aluminum 1812 contract sell high and sell low between 14100-14350 yuan / ton, and the stop loss reference is 100 yuan / ton
each.