The fundamentals of the aluminum market are weak and difficult to change, and the medium-term bias space situation is still unchanged

In the external market, the poor performance of the US non-farm payrolls data weighed on investor confidence, and Lun aluminum fell under pressure, and the support below focused on $
1900.
At 15:52 Beijing time, the LME 3-month aluminum was $1952, down $11/ton
from the previous session.

In terms of the market, the spot trading price of Yangtze River was 13580-13620 yuan / ton, up 110 yuan / ton; Guangdong South Reserve reported 13680-13780 yuan / ton, up 140 yuan / ton; Hua reported 13680-13700 yuan / ton, up 90 yuan / ton; The average domestic spot trading price is between
13580-13620 yuan / ton.
Aluminum rose sharply during the day, holders shipped actively, traders traded actively, and the market traded well
.

Industry News:

1.
The U.
S.
International Trade Commission said on Friday that it finally ruled that general-purpose aluminum alloy sheet products imported from China harmed the interests of U.
S
.
producers, and ruled that tariffs on those products would be locked.

2.
After the WTO agreed to the appeal request, and the same type of working group previously established at the request of 7 WTO members including the European Union, Norway and Canada, the dispute settlement working group established by the WTO on the issue of US steel and aluminum tariffs has reached a rare 9 in history
.

Overnight, market sentiment was bearish again, most commodities weakened again, and colored trends remained cautious
.
The China Passenger Association announced that China's retail sales of generalized passenger cars in November were 2.
05 million units, down 18% year-on-year, the sixth consecutive month of decline, and consumer demand was weak.

As far as the aluminum market is concerned, the cost side is facing the danger of loosening, the market is about to enter the off-season, the scale of domestic production reduction is difficult to further expand, the new production capacity has risen, aluminum prices will fall into weak shock operation, and the medium-term bias space situation is still unchanged
.