Shanghai aluminum shock weakened There is pressure above

In the external market, today's Lun aluminum trend is weak, LME three-month aluminum Beijing time at 15:00 at 1632 US dollars / ton, down 3 US dollars, or 0.
18%,
from the previous trading day's settlement price.

In the spot market, today's spot trading price of Yangtze River is 14400-14440 yuan / ton, down 10 yuan; Guangdong South Reserve reported 14440-14500 yuan / ton, unchanged; Hua reported 14510-14530 yuan / ton, down 20 yuan
.
The middleman is enthusiastic about receiving goods, and the downstream purchases on demand, and the overall transaction is average
.

Industry news, China Solid Waste Chemical Management Network released the ninth batch of restricted category publicity table in 2020, of which the approved import volume of copper scrap and scrap was 176,746 tons, the approved import volume of aluminum scrap and scrap was 209,660 tons, and the approved import volume of scrap steel was 4,990 tons
.

Domestic A-shares rose sharply, and market optimism reached its highest point
.
The US non-farm payrolls data exceeded expectations, and the domestic monthly PM was in the expansion range for four consecutive months
.
Judging from the data, the Sino-US economy is stable and improving
.
Domestic terminal demand continued to recover, demand for automobiles and home appliances remained resilient, and home appliance production and sales data continued to climb in June
.
On Monday, data showed that domestic electrolytic aluminum social inventories continued to decline, inventory inflection points have not yet appeared, and low inventories provide support
for aluminum prices.
In general, the recent increase in market risk appetite, the overall upward trend of large types of assets, Shanghai aluminum is recommended to continue to hold
in the early stage.