The willingness of the market to stock up before the holiday is not high, and the trend of Shanghai aluminum is weak

Today, Lun aluminum fluctuated sharply, and the LME was reported at $2,794 / ton at 15:01 Beijing time for three months, up $5, or 0.
16%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 20170-20210 yuan / ton, down 560 yuan, discount 50-discount 10; Guangdong spot 20130-20190 yuan / ton, down 590 yuan, discount 90-discount 30; China reported 20220-20260 yuan / ton, down 570 yuan
.
In today's spot market, holders continue to decline in the market, actively reduce shipments for realization, and receivers have been disturbed by a warehousing event to choose on-demand purchases, but the overall trading volume is better than yesterday
.

Today's Shanghai aluminum trend is weak, aluminum ingot delivery repeated pledge event rumors once disrupted the market, panic risk aversion spread rapidly dragged down the trend of aluminum prices, aluminum prices were disturbed and fell prominently
.
Domestic supply and production continue to rise, market demand has not fully recovered under the impact of the epidemic, and the enthusiasm among traders is not good, the willingness of receivers to stock up is not high, and the Dragon Boat Festival is approaching aluminum prices under pressure, and aluminum is expected to fall.