Shanghai aluminum stagnate obvious short-term technical rest

Overnight technical adjustments basically continued the concussive pattern. Alluminium fell slightly and remained under pressure below 1800 US dollars. The material outlook was weak due to weak market demand. The overall weak shock pattern continued; Shanghai Aluminum continued to pull up slightly after overnight Adjustment, the current trend of Shanghai aluminum is weak, we expect the possibility of a sharp rise in Shanghai aluminum after the market is low, after all, the domestic aluminum market overcapacity problems still exist, so the long-term perspective of Shanghai aluminum material to maintain a strong consolidation trend mainly; aluminum price In stagflation, the quoted price of shipments from holding companies is relatively strong. Downstream companies still rely on purchasing low-priced goods. The overall turnover of the market is normal. It is recommended that downstream companies keep watching and maintain on-demand purchases.