The decline in social inventory of aluminum ingots supported the upward trend of Shanghai and aluminum

Today's Lun aluminum trend is volatile, LME three-month Beijing time at 15:01 at 2902.
5 US dollars / ton, down 9.
5 US dollars, or 0.
33%
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 20730-20770 yuan / ton, up 440 yuan; Guangdong South Reserve reported 20660-20720 yuan / ton, up 400 yuan; Hua reported 20770-20810 yuan / ton, up 440 yuan
.
Today's overall market transaction is picking up, the supply of goods is not much superimposed on the influence of destocking, the factory's willingness to raise prices is strong, and the enthusiasm of market inquiry and procurement is acceptable
.

On the supply side, it is expected that January production will pick up slightly month-on-month, and domestic electrolytic aluminum production will continue to run
at a low level.
On the consumer side, the real estate market has improved
under the background of loosening real estate policies.
In the medium and long term, supply growth is relatively slow, demand expectations are good, and aluminum prices remain optimistic
.