Shanghai aluminum still needs to pay attention to the above risks The overall transaction of the market is flat

Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:02 at 2528 US dollars / ton, up 11 US dollars, or 0.
42%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 19240-19280 yuan / ton, up 140 yuan; Guangdong South Reserve reported 19280-19340 yuan / ton, up 140 yuan; Hua reported 19310-19350 yuan / ton, up 140 yuan
.
Holders actively ship goods at high prices, and the receiving party purchases at a low price, the demand is general, and the overall transaction is flat
.

Yesterday, Yunnan region once again reported power rationing news, Shanghai aluminum day at the end of the day sharply pulled, night trading has fallen, in addition, Henan, Inner Mongolia and other regions of the recent power supply tight, Inner Mongolia to ensure the Beijing-Tianjin-Hebei power supply power rationing upgrade, Henan to protect people's livelihood requires production enterprises to control the load of electricity
.
The power cuts in Yunnan may cause the progress of enterprises that restart electrolyzers in the early stage to be less than expected, and the recovery of the original plan in mid-August has been further delayed, and the supply still cannot be quickly restored
.
Therefore, the overall social treasury in July may still go to the warehouse, but the short-term suspension of production of Henan processing enterprises or the expectation of accumulation of stockpiles will affect market sentiment, and aluminum prices are expected to show a range-bound trend
.
Shanghai aluminum has raised the volatility range, but it is still necessary to pay attention to the upper risks, such as selling reserves, macro expectations, export tax rebate cuts and other issues
.