July 26 aluminum market morning review

The overall transaction of the spot market in the morning was acceptable in the early stage, and it turned weak in the later stage, the arrival of goods in the East China market increased, the downstream on-demand procurement was the mainstay, and the holders lowered their quotations in the later period to promote shipments
.
The mainstream trading price in Shanghai is around 17840 yuan / ton, which is about 20 higher than that of futures
.
Guangdong arrivals are relatively small, and the holders are slightly upright, and the mainstream transaction price is around 17760 yuan / ton
.

At present, market confidence is lacking, and there are no signs of
stabilization in the real estate market for the time being.
Although the aluminum price fell to the cost line of some aluminum plants, there will be no short-term production reduction, and the momentum of production climbing continues
.
The market reports that some smelter inventories are high, which provides a basis for
bears.
In the absence of improvement in consumption, aluminum prices are temporarily difficult to get rid of weak operation
.
Operationally, it is recommended to operate
at a high altitude and in the air.