February 11 aluminum market morning review

In the morning, the overall transaction volume of the spot market weakened, and the receiving parties turned to wait and see, while the holders lowered their quotations and actively shipped, and the circulation of goods increased
.
The mainstream trading price in Shanghai is around 23280 yuan / ton, which is basically flat with futures
.
The mainstream transaction price in Guangdong is around 23470 yuan / ton
.

The number of confirmed cases of new crown in Guangxi has dropped sharply, and the epidemic situation has slowed down, which is conducive
to the recovery of production and transportation in the later stage.
The macro sentiment in the current period is optimistic, with US inflation continuing to rise and domestic social finance data exceeding expectations fueling bullish sentiment
.
However, as the epidemic in Guangxi is brought under control, its impact on supply will weaken, which makes it possible
for prices to fall back from high levels.
Operationally, it is recommended to focus on wait-and-see in the short term
.
Pay attention to the epidemic control situation in Guangxi and the changes
in domestic and foreign inventory.