November 29 Lun aluminum morning review

In terms of the market, on the day, the spot price of London aluminum was 2110 US dollars / ton, which was 15.
25 US dollars / ton higher than the March contract; The actual ratio of Shanghai aluminum spot to London aluminum spot was 6.
94 (import ratio was 8.
17), and the import loss was 2583 yuan / ton; The actual ratio of Shanghai aluminum 3 contract to Lun aluminum March contract was 7.
07 (import ratio was 8.
17), and the import loss was 2326 yuan / ton
.

In terms of news, the new Fed-designate Chairman Powell will be heard by the Senate on Tuesday local time, with more tough rhetoric, promising to continue to raise interest rates and consider deregulation
after taking office.
Powell and Fed officials generally expect another rate hike in December
.
Foreign media: The US Senate Budget Committee voted to pass the Republican tax reform bill
.
Due to the hawkish attitude of the new chairman of the Federal Reserve, Powell, and the smooth improvement of US taxes, the dollar rose strongly overnight to close in the sun, and non-ferrous metals generally declined
.