Base metals generally declined, and aluminum continued to decline

In terms of the market, the spot price of Shanghai aluminum is concentrated in 14190-14200 yuan / ton, the discount for the month is 20-10 yuan / ton, the Wuxi transaction concentration is 14180-14200 yuan / ton, and the Hangzhou transaction is concentrated 14210-14230 yuan / ton
.
Holders of goods shipments increased, especially large traders, aluminum prices fell nearly 200 yuan / ton from the previous day, middlemen and downstream enterprises to bargain to receive goods increased, the intensity of receiving goods has been significantly improved, the overall transaction volume compared with the previous day warmed up
.

In the market, the Asian dollar index is weak, now trading around 95.
305, the recent rally of the pound and the euro offset the impact of the rise in US Treasury yields, putting some pressure on the US dollar index, and the decline in US stocks also prompted the dollar index to fall
.

On the industry front, Norsk Hydro CEO Svein Richard Brandtzaeg said the company is fully committed to restoring capacity at Brazil's Alunorte alumina refinery and is not currently considering layoffs
.

Shanghai aluminum continued to decline during the day, affected by the general decline in global stock markets, base metals generally declined, of which Shanghai aluminum performance was relatively weak
.
On the technical side, the futures price continued to fall, falling below the previous low, and the RSI indicator value fell rapidly, and it may still be weak
in the short term.
Operationally, it is recommended that the Shanghai-aluminum 1811 contract can consider shorting at 14250 yuan / ton, and the stop loss refers to 14350 yuan / ton
.