Shanghai aluminum short-term shock sorting has limited room for pullback

Today's London aluminum volatility intensified, LME three-month Beijing time at 15:01 at 3229 US dollars / ton, down 21 US dollars, or 0.
65%
from the previous trading day's settlement price.

In terms of news, with the unblocking of Bose and the resumption of transportation, the domestic return to the supply repair channel, and the consumption after the holiday has also gradually recovered, and the potential interference factors of overseas supply have not been completely removed, which makes it difficult for short-term aluminum prices to fall
significantly.
Short-term futures aluminum price or high volatility, short-term recommended range operation
.
Pay attention to the actual performance of domestic consumption and the situation of
the warehouse.

In terms of the market, today's spot trading price of Yangtze River is 22640-22680 yuan / ton, up 70 yuan; Guangdong South Reserve reported 22720-22780 yuan / ton, up 50 yuan; Hua reported 22690-22730 yuan / ton, up 70 yuan
.
Holders are optimistic about the future market, receivers replenish and stock on demand, large households are still enthusiastic about receiving goods, and the trading atmosphere is better
.

The short-term tightening of aluminum supply caused by the domestic epidemic continues to support aluminum prices, and downstream consumption has rebounded after the holiday, the aluminum market itself fundamentals are strong, inventory levels are still low, although to a certain extent affected by the Russian-Ukrainian incident price pullback, but aluminum prices below the support, continue to maintain a strong trend, now aluminum or rise
.