The trend of Shanghai aluminum showed a weak trend, and the market trading was not good

Today, Lun aluminum rushed high and narrow range, LME three-month Beijing time at 15:01 at 3621 US dollars / ton, up 16 US dollars, or 0.
43%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 22960-23000 yuan / ton, up 90 yuan; Guangdong South Reserve reported 22980-23040 yuan / ton, up 90 yuan; Hua reported 23020-23060 yuan / ton, up 90 yuan
.
Due to inventory pressure, the holder chooses to ship for realization, the receiver mainly purchases on demand, and a small number of low-priced goods are transacted, and the transaction is poor
.

In terms of news, the situation in Russia and Ukraine has eased, and the new round of negotiations is aimed at reaching a ceasefire agreement, but the sanctions imposed by Europe and the United States against Russia are difficult to lift in the short term, and concerns are still heating up, which will continue to interfere with the supply of commodities, superimposed on the insufficient supply of aluminum itself to support prices, and aluminum may remain stable
.

Today's Shanghai aluminum shock trend is weak, overseas supply concerns and cost support to promote aluminum prices upward, but high prices and the epidemic double suppression of downstream demand, coupled with the domestic aluminum ingot social library slightly accumulated, aluminum price trend showed a weak trend
.