Shanghai aluminum wide range oscillation operation, downstream wait-and-see sentiment is strong

Today's London aluminum volatility trend, LME three-month Beijing time at 15:01 at 2452 US dollars / ton, slightly higher than the previous trading day's settlement price of 2 US dollars, or 0.
06%.

Today's Shanghai aluminum is running weakly, the pessimistic atmosphere still haunts the market, the impact on the trend of aluminum prices still exists, and the superimposed supply output continues to rise, but overseas aluminum smelters may stop reducing production, and short-term Shanghai aluminum fluctuates widely
.

Today's spot trading price of Yangtze River is 19160-19200 yuan / ton, up 30 yuan, premium 0-liter 40; Guangdong spot 19120-19180 yuan / ton, up 10 yuan, discount 40-liter 20; Hua reported 19220-19260 yuan / ton, up 30 yuan
.
Cargo holders followed the price increase and decrease in the market, the receiving sentiment of the receiver picked up, the trading atmosphere was average, and the overall trading volume increased
.

Overseas demand has a downward trend, supply and production is still increasing, the market is worried about the weakening of demand, mainly because the market sentiment has not stabilized and consumption recovery is not as expected, the downstream wait-and-see sentiment is stronger, according to the feedback of terminal enterprises, the current order volume is small, seasonal off-season appears, while export orders also have a downward trend, superimposed on the midstream operating rate is declining, demand has a negative feedback, now aluminum or fall.