The weak operation of aluminum has not opened a big decline pattern for the time being

In terms of external trading, Lun aluminum opened at 2280 US dollars / ton, Asian session, dragged down by Shanghai aluminum, Lun aluminum shock downward, low recorded 2261 US dollars / ton, into the European session, the US index dived, Lun aluminum rebounded sharply, the high recorded 2290.
5 US dollars / ton, after the US index stabilized, Lun aluminum showed insufficient momentum and retreated, as of 17:39, Lun aluminum recorded 2276 US dollars / ton
.
The evening data was light, and the aluminum fluctuated operation, focusing on the trend of the US dollar
.

In terms of the market, aluminum was weak and volatile
before noon.
Shanghai transaction concentration is 14590~14600 yuan / ton, the discount for the month is 80~70 yuan / ton, Wuxi transaction concentration is 14590~14600 yuan / ton, Hangzhou transaction concentration is 14610~14630 yuan / ton
.
The circulation source maintained a large circulation, the middlemen and downstream procurement were relatively stable, and the overall transaction remained stable
.
In the late afternoon, aluminum diving, East China pending order transaction, for the month -70 yuan / ton, the spot price is 14500 ~ 14570 yuan / ton
.

Consumption in May did not decline, and alumina prices did fall, but it is expected that the decline space is limited, and Shanghai aluminum is expected to operate weakly, and the pattern
of a sharp decline has not been opened for the time being.
On the whole, the price of Shanghai aluminum is at a high level, downstream demand is gradually improving, and the Shanghai-London ratio is at a low level, which is conducive to the export of aluminum profiles and good external demand
.
Technically, KDJ indicators appear dead cross, MACD indicators blunt, it is expected that the main force of Shanghai aluminum 1807 oscillation operation, operating range 14500-15000, for reference
only.