In the early morning of March 19, the comprehensive market analysis of cnal.com: the average price of non-ferrous aluminum in the Yangtze River fell 60 to 12,530 in the previous trading day, and the average price of non-ferrous aluminum in the South China Sea fell 90 to 12,780. Shanghai Aluminum Spot Monthly Contract opened at 12690 in 2003, with a maximum of 12690 and a minimum of 12155. It closed at 12240, down 445 or 3.51%. Lunco Aluminum 3 opened at 1650.00, highest at 1651.50, lowest at 1613.00, and closed at 1638.50, down 4.50 or 0.27%. The US dollar index opened at 99.59, the highest was 101.75, the lowest was 99.15, and closed at 100.89, up 1.31 or 1.31%. LME aluminum inventory decreased by 5,725 tons to 967,325 tons. The warehouse receipts in the previous period decreased by 2721 tons to 301,491 tons.

1. The European Central Bank announced on the early morning of March 19 that it will implement a temporary, 750 billion euro epidemic emergency purchase plan (PEPP). The purchase of the target includes private and public sector securities to address the serious risks faced by the monetary policy transmission mechanism. In terms of purchasing public sector securities, benchmarking cross-jurisdictional allocations will remain the capital key for central banks in the member states. The purchase plan will be implemented until the end of 2020. All asset classes will be eligible under the existing asset purchase plan (APP), and Greek debt will be included in the purchase scope according to the exemption policy. The scope of eligible assets will be expanded to non-bank commercial paper, and the scope of collateral will be expanded to include additional credit claims. Part of the "self-limitation" of quantitative easing (QE) may be detrimental to the actions that the ECB must take to fulfill its duties. The ECB's management committee will adjust its considerations to the necessary state, and will not tolerate any risks of smooth policy transmission. . Be prepared to expand the scale of asset purchases when necessary and adjust the composition of asset purchases.

2. WHO: The cumulative number of new crown cases worldwide has exceeded 190,000. According to the latest data released by Johns Hopkins University in the United States, a total of 10082 new crown cases were confirmed in Germany, 26 died, and 73 were cured. So far, Germany has become the world's fifth country with more than 10,000 diagnosed cases. The number of new crowns in the United Kingdom increased to 2,626, compared with 1950 in the previous day.

The market's terror spread to non-ferrous metals, and the daily limit of copper for two consecutive days led to the general diving of metals. Aluminum prices are expected to fall sharply today for reference only.