SMM news: internal and external trends: LME aluminum fell slightly on Monday, as of 15: 05 Beijing time, three months Lun aluminum at $1803.5 / ton, down 0.22%. The high level of Shanghai aluminum main force 1912 contract fell back, with a daily maximum of 14060 yuan / ton and a minimum of 13895 yuan / ton, closing at 13895 yuan / ton, down 0.96% from the closing price of the previous trading day; trading volume of 99100 hands, a daily decrease of 31228 hands; a position of 198100 hands, a daily decrease of 8102 hands. The base spread widened to 205 yuan / ton, and the Shanghai aluminum price spread narrowed to 85 yuan / ton in 1912-2001.

Spot analysis: November 11 SMM spot A00 aluminum quoted 1408014120 yuan / ton, the average price of 14100 yuan / ton, a daily drop of 130 yuan / ton. SMM reported that aluminum prices fell and shippers were more willing to ship, but consignees tended to buy at low prices, resulting in a stalemate between the two sides. Downstream manufacturers today basically maintain on-demand procurement status, Monday replenishment willingness is not obvious. The overall transaction in East China was poor today.