Shanghai aluminum morning review on May 15

In terms of spot, the narrow range of aluminum futures closed at 13715 yuan / ton before noon of the month, Shanghai spot trading concentrated 13690-13710 yuan / ton, the month discount 10 to flat water, Wuxi spot transaction 13680-13710 yuan / ton, Hangzhou spot transaction 13720-13730 yuan / ton
.

In terms of news, under the influence of various factors such as environmental protection inspection, low alumina prices and high costs, alumina has opened a new round of production
reductions.
As alumina companies reduce production, prices are expected to stabilize, and the cost of electrolytic aluminum is facing resistance to further decline
.
Of course, because the current production profits of aluminum plants are still relatively rich, it will not affect the price of aluminum for the time being
.
Xinjiang, Shandong and Inner Mongolia have successively introduced electrolytic aluminum clean-up plans, which are the same as the 656 document notice led by the National Development and Reform Commission, and local policies have not shown more radicalism
.
The game between policy expectations and fundamentals will continue for some time
.
According to the plan, this week for electrolytic aluminum plant enterprises to report the last time, the time node is sensitive, beware of news to stimulate the rebound
of aluminum prices.