Shanghai aluminum rose sharply during the day, and the rally was relatively strong

External market: After entering the "Golden Nine Silver Ten" traditional consumption season, the demand for nonferrous metals market has recovered, and today's Lun aluminum rose slightly, and the upper support focused on $1700
.
At 16:20 Beijing time, the LME 3-month aluminum was $1,637, up $7 from the previous session
.

On the macro front: The decline in the dollar further supported oil prices as the Federal Reserve left interest rates unchanged
yesterday.
Gold prices rose to a two-week high on Thursday after the Federal Reserve's decision to leave interest rates unchanged dragged the dollar to its lowest level since the start of last week
.
Gold prices are highly sensitive to monetary policy, especially in the United States, as higher interest rates raise the opportunity cost of holding non-yielding assets and boost the precious metals denominated currency dollar
.

Industry: In the face of the arduous task of doubling the profit indicators this year, Baotou Aluminum will step on the bottom line, put the benchmark on the head, and carry out the ideological mobilization and comprehensive work deployment of all employees, "We must strengthen the bottom-line thinking, lock in the annual goal, Baotou Aluminum must have the confidence and confidence
to 'compete for the vanguard of aluminum electrolytic aluminum enterprises'.
" ”

Through technological innovation and industrial upgrading, Jungle Group got rid of the past aluminum material production industry, simple and crude large-scale production, increased the added value of products, and further expanded
the application of aluminum materials.
Now not only high-speed rail, but also semi-trailers used in e-commerce logistics, China's maritime surveillance patrol ships, and the construction industry are using aluminum materials
.

In terms of market: today's spot trading price of Yangtze River is 13200-13240 yuan / ton, up 300 yuan / ton; Guangdong South Reserve reported 13010-13110 yuan / ton, up 190 yuan / ton; Hua reported 13310-13330 yuan / ton, up 300 yuan / ton; The average domestic spot trading price is between
13220-13260 yuan / ton.
Affected by the adjustment of national road transport policies, the market expects that the cost of metal transportation will increase significantly, coupled with the demand for the National Day long holiday, aluminum will continue to rise sharply after being sought after by funds, and the price of aluminum will follow the rise
.
In the face of the strong rise pattern of aluminum prices for a long time, aluminum manufacturers have expressed their surprise, a strong wait-and-see mentality, only a small amount of purchases, and the holders continue to quote
.

Today's spot and aluminum futures that month still has a price difference of more than 600 yuan / ton, the main force of Shanghai aluminum at night is expected to stand firm at 12500 yuan / ton mark, next week aluminum ingots will not arrive much, the strong spot market is expected to maintain, Shanghai aluminum main force or will touch the previous high
.

Today, aluminum prices fluctuated upward, bears continued to flee sharply, bulls increased their positions slightly, and short-term bulls left the market at the end of the aluminum price, and the shock closed at 12495 yuan / ton
.
Today's spot and aluminum futures that month still has a price difference of more than 600 yuan / ton, the main force of Shanghai aluminum at night is expected to stand firm at 12500 yuan / ton mark, next week aluminum ingots will not arrive much, the strong spot market is expected to maintain, Shanghai aluminum main force or will touch the previous high
.