The traditional consumption season is coming, and the trend of Shanghai aluminum is strong

Today, LME three-month aluminum was reported at 2284.
5 US dollars / ton at 15:01 Beijing time, up 17.
5 US dollars, or 0.
77%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 17440-17480 yuan / ton, up 90 yuan; Guangdong South Reserve reported 17520-17580 yuan / ton, up 120 yuan; Hua reported 17560-17580 yuan / ton, up 90 yuan
.
The source of circulating goods continued to decrease, the receiving party actively entered the market, the enthusiasm of large households to receive goods was acceptable, and the transaction activity increased
.

Aluminum has entered the stage of both supply and demand, and the market pays more attention to the marginal impact, and the supply constraints of carbon neutrality and the further improvement of demand expectations have become the main logic
of capital intervention in the market.
However, under the high price and high profit of aluminum smelting, the market has also entered the situation of capital and industrial game, at this time the market may pay more attention to the social inventory, if the social treasury achieves rapid decomposition, the demand is expected to gradually rise the market price under the gradual fulfillment; However, if the destocking is weaker than expected, the fundamental constraints at this time may become the shackles of higher prices, and the high volatility may become the main theme
of a stage.
In terms of operation, the short-term direction of aluminum is unknown, support and pressure coexist, unilateral operation is more difficult, investors should be cautious
.