August 13 aluminum market morning review

Aluminum market morning comment: the US dollar index weakened again, overnight aluminum prices first fell and then rose, London Stock Exchange three-month aluminum prices closed at 1785 US dollars / ton, slightly down 0.
06%.

Shanghai aluminum opened high and volatile overnight, and the main 2009 contract closed above 14275 yuan / ton
.

In the morning spot market, the overall transaction was stable, with middlemen bargaining and downstream on-demand procurement
.
The mainstream trading price in Shanghai is around 14430 yuan / ton, which is about 70 higher than the futures
.
The mainstream transaction price in Guangdong is around 14370 yuan / ton
.

At present, the fundamentals of the domestic market are weakening, the pressure of supply growth is becoming more and more obvious, and the center of gravity of aluminum prices is moving
downward.
However, although the inventory has stabilized and climbed, it is still at a low level, maintaining a certain support for the price, and the short-term aluminum price is weak and volatile, and the operation is recommended to operate on the high side
.