According to Jinshi, the US non-farm data in May rose beyond expectations, and the market has completed pricing for this month's non-farm results. The probability of a rate cut in September has fallen again. The US dollar index rose, and the non-ferrous sector was collectively under pressure. The interest rate decision on Wednesday this week and the inflation data in May will be the focus of attention. On the supply side, only a small amount of production capacity in Yunnan resumed production in June, and the supply pressure was not obvious. On the spot side, as aluminum prices fell slightly, the downstream demand for replenishment before the holiday was still acceptable, and the inventory of aluminum ingots was slightly reduced. At present, the aluminum price is strong outside and weak inside, and the export volume of aluminum materials continues to increase, which supports consumption. In the short term, aluminum prices may fall slightly, but the support below still exists. The operating range of the Shanghai Aluminum 07 contract is 20,800-21,300 yuan/ton, and the range operation is mainly.