The bearish atmosphere of the market intensifies and the trend of Shanghai aluminum is weak

Today's Lun aluminum fluctuated and fluctuated, and the LME reported at $2,307 / ton at 15:01 Beijing time for three months, down $1, or 0.
04%,
from the previous trading day's settlement price.

Today's spot trading price of Yangtze River is 18600-18640 yuan / ton, down 80 yuan, discount 55-discount 15; Guangdong spot 18560-18620 yuan / ton, down 50 yuan, discount 95-discount 35; Hua reported 18660-18700 yuan / ton, down 80 yuan
.
In the spot market, the price of the holder is obvious, the downstream replenishment and storage on demand, the supply circulation is sufficient, and the transaction is acceptable
.

Today's Shanghai aluminum trend is weak, the US August CPI is higher than the market expectations, so that the market for the Fed's aggressive interest rate hike expectations to heat up, so that the market bearish atmosphere intensified, the dollar index regained a high point, superimposed aluminum consumption side weak is difficult to change, demand has not been better feedback, intraday Shanghai aluminum fell significantly
.

At present, the sudden increase in macro pressure will bring pressure to metals, domestic terminal consumption is significantly dragged down by real estate, the overall demand increment is limited, coupled with the lack of downstream stocking mentality and more cautious sentiment, the transaction situation is more general, the market trading atmosphere is still light, and aluminum is expected to fall
.