Shanghai aluminum weak operation market transaction is relatively weak

Today's Lun aluminum low narrow range, LME three-month Beijing time at 15:01 at 2507 US dollars / ton, down 32 US dollars, or 1.
28%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of the Yangtze River is 19320-19360 yuan / ton, down 430 yuan, 5-45 liters; Guangdong spot 19280-19340 yuan / ton, down 450 yuan, discount 35-liter 25; Hua reported 19370-19410 yuan / ton, down 430 yuan
.
Holders of goods coexist with higher prices and more adjustments, the market demand for receiving goods is cold, the transaction is relatively weak, and the overall market atmosphere is relatively dignified
.

Recently, European energy prices have risen to a high level, while China's aluminum production supply continues to grow, new expansion capacity has steadily landed, superimposed smelting profits are good, it is expected that the output of electrolytic aluminum in June is about 3.
34 million tons, the spot trading atmosphere is not bright enough, aluminum prices are difficult to say strong, the fundamental support is weakening, and the current aluminum or fall.

Today's Shanghai aluminum weak operation, the market atmosphere is pessimistic, non-ferrous metals collective pressure downward, aluminum fundamentals continue to weaken, supply-side production is growing, and demand side is insufficient, although there is social library support, but it is difficult to have beautiful performance, short-term Shanghai aluminum continued to fall, hitting a six-month low
.