Global economic data continues to improve and Shanghai aluminum continues to be strong

Today's London aluminum is running strongly, and the LME three-month aluminum Beijing time is at 1654 US dollars / ton at 15:00, up 5 US dollars, or 0.
30%,
from the settlement price of the previous trading day.

In terms of the market, today's spot trading price of Yangtze River is 14710-14750 yuan / ton, up 250 yuan; Guangdong South Reserve reported 14560-14620 yuan / ton, up 190 yuan; Hua reported 14790-14810 yuan / ton, up 230 yuan
.
The source of circulating goods is small, the middlemen actively receive the goods, the downstream prepares goods on demand, and the transaction is active
.

Industry news, a few days ago, with the successful launch of the first coil of the 55# production line of the casting and rolling plant of Jiusteel Tiancheng Cai Aluminum Company, it marks that the 60 casting and rolling production lines of Tiancheng Cai Aluminum, a large-scale aluminum plate and strip deep processing enterprise in the domestic aluminum industry, have been completed and put into operation
after 3 years of construction.

Recent global economic data continues to improve, and market optimism and abundant liquidity support strong commodity prices
.
Aluminum ingot inventories fell slightly this week, outbound volumes continued to fall, inventory inflection points are approaching, and fundamentals show signs of
weakness.
Chalco issued another announcement to increase the minimum price of alumina, and the willingness to raise the price is strong
.
Driven by macro expectations and funds, the aluminum ingot spot market remains strong, and Shanghai aluminum is expected to fluctuate at a high level in the short term under low inventory, and it is recommended to wait and see unilaterally, and continue to hold
internal and external sets.