It is difficult for Shanghai aluminum to have a good breakthrough in the short term

In the external market, Lun aluminum fluctuated at a low level, and the LME reported at 2350 US dollars / ton at 15:01 Beijing time for three months, down 15 US dollars, or 0.
66%,
from the settlement price of the previous trading day.

In terms of the market, the spot transaction price of the Yangtze River was 18780-18820 yuan / ton, down 220 yuan, and the premium was 60-100; Guangdong spot 18840-18900 yuan / ton, down 240 yuan, premium 120-liter 180; Hua reported 18830-18870 yuan / ton, down 230 yuan
.
The spot trading atmosphere has warmed up, the holders are habitually holding prices, the enthusiasm of downstream procurement is significantly higher than last week, the willingness of receivers to replenish goods has increased, and the overall transaction performance is stable and good
.

In terms of inventory, both domestic and foreign are at a low level, the domestic social treasury maintains a trend of destocking, the epidemic disturbance of import and export is restricted, and the circulation is tight
.
In general, supply pressure cannot be ignored, the demand side is weak, and bulls are not confident enough, but the continuous destocking under low inventory may find short-term support
.

Shanghai aluminum weak shock during the day, the spread of the global epidemic aggravated recession fears, pushed up the dollar stronger, superimposed domestic aluminum consumption is difficult to have a bright performance, in the case of the fundamental consumer side is expected to weaken, aluminum prices are difficult to have a good breakthrough in the short term, weak operation
.