Driven by the rise in surrounding metals, Shanghai aluminum rebounded slightly

Today's London aluminum volatility strengthened, LME three-month Beijing time at 15:01 at 2427 US dollars / ton, up 19 US dollars, or 0.
79%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of the Yangtze River is 17820-17860 yuan / ton, which is flat, and the discount is 35-liter 5; Guangdong spot 17730-17790 yuan / ton, flat, discount 125-discount 65; Hua reported 17870-17910 yuan / ton, flat
.
The downstream just needs to replenish the price and reduce the price, the holder's quotation is stable, the price has not been adjusted up or down, and the purchase volume of the receiver is limited
.

In terms of costs, coal prices continued to decline, among which thermal coal price pits and ports weakened; In terms of inventory, Wuxi concentrated arrivals, more than before to 10,000 tons, from the previous destocking to 6,000 tons, market sentiment reversed, and downstream processing enterprises still performed poorly, the overall orders due to the epidemic, off-season and other factors to reduce demand, strong supply and weak fundamentals are difficult to promote the plate to continue to rebound, now aluminum or fall.

Today's Shanghai aluminum low opening trend is weak, the afternoon market picked up shock consolidation closed Xiaoyang, domestic supply pressure still exists, demand performance in the off-season is general, but driven by the rise of surrounding metals, Shanghai aluminum rebounded slightly
.