US stocks fell to suppress commodity market sentiment, overnight Lun aluminum fell by 8 US dollars, domestic scrap aluminum imports fell in July, indicating that market demand is not good, aluminum prices are cautious, and it is expected that spot aluminum will rise slightly.

Futures market: The two-year and 10-year US bond yields were deeper, and the warning signal of the economic recession was issued. The US stock market fell to suppress the popularity of the commodity market. The overnight aluminum market fell, and the latest closing price was US$1,760/ton, down US$8. , a decrease of 0.42%, a volume of 9466 hands increased by 1001 hands, and a position of 751,274 hands decreased by 2212 hands. In the evening, Shanghai aluminum shocked higher, the latest closing price of the main month 1910 contract was reported at 14,285 yuan / ton, up 40 yuan, or 0.28%.

London Metal Exchange (LME) August 27, the latest inventory of Lun aluminum reported 929,125 metric tons, a decrease of 6075 metric tons, a decrease of 0.65% compared with the previous trading day, the cumulative decline of 9.70% in the last 18 trading days.

Yangtze River Aluminum News: August 24, domestic spot aluminum prices rose slightly, the Yangtze River non-ferrous network spot AOO aluminum ingot price reported 14330 yuan / ton, up 20 yuan; Chinalco East China AOO aluminum ingot price reported 14,300 yuan / ton, up 20 yuan. According to data from the General Administration of Customs, China imported 140,000 tons of scrap aluminum in July, a decrease of 21.5% from the previous month and an increase of 17.9% from the same period of the previous year. This indicates that the market demand is not good and the aluminum price is cautious. It is expected that spot aluminum prices will rise slightly today.

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