April 22 Shanghai aluminum brief comment

From the plate point of view, aluminum prices after breaking through 18,000 has gradually gained a firm trend, but repeatedly rushed higher without success, in the short term, in the Fed to maintain a dovish view superimposed by the Ministry of Industry and Information Technology on electrolytic aluminum production capacity control and other policy support, aluminum price high trend or difficult to improve, but considering the downstream fear of heights is increasing, we should be more cautious about this wave of growth, beware of the risk of fallback, the main force continues to pay attention to the fluctuation of 1.
79-18,200 range, the operation can wait and see, it is expected that tomorrow's spot aluminum stable and
。

Overseas epidemics have repeatedly added uncertainty to the pace of sustained global economic recovery, but in terms of policy, central banks in Europe and the United States continue to implement easing stimulus policies, while the Federal Reserve maintains a dovish view
.
The Ministry of Industry and Information Technology issued a document emphasizing strict management and strict control of new production capacity of electrolytic aluminum, and electrolytic aluminum in key provinces has withdrawn from production capacity and equipment is dismantled in place
.
In anticipation of reductions caused by carbon neutrality
, aluminum prices will remain high.