Shanghai aluminum rose slightly during the day, and inventory pressure limited gains

International market: RUSAL's plan to expand its aluminum smelter capacity by the end of 2018 from 149,000 tons to 298,000 tons may put pressure on aluminum prices, and today Lun aluminum fell slightly, with support below focusing on $
1,900.
At 16:08 Beijing time, the LME 3-month aluminum was $1961.
5, down $0.
5 from the previous session
.

Spot market: today's spot trading price of Yangtze River is 14160-14200 yuan / ton, up 60 yuan / ton; Guangdong South Reserve reported 14210-14310 yuan / ton, up 100 yuan / ton; Hua reported 14270-14290 yuan / ton, up 60 yuan / ton; The average domestic spot trading price is between
14170-14210 yuan / ton.
Today's aluminum continues to rise, holders are willing to ship at high prices, downstream enterprises purchase steadily, and market transactions are active
.

Industry news: 1.
Zhang Jilin, vice president and secretary general of the China Nonferrous Metals Processing Industry Association, said that the China Nonferrous Metals Processing Industry Association attached great importance to
the preparation of the "Binzhou High-end Aluminum Industry Medium and Long-term Development Plan".
The chairman has repeatedly instructed that it is necessary to concentrate our energies, mobilize the forces that can be mobilized, and make serious plans
.
The research activity was carried out for 7 days, and the 7 days were very impressive
.

2.
Chinalco CR Lvliang 1 million tons of light alloy project is a provincial key project
in Shanxi.
Duan Bin, deputy manager of the equipment engineering department of Shanxi Chalco China Resources Co.
, Ltd.
, said that the first phase of the 500,000-ton alloy aluminum project is a key project in the aluminum industrial park, with an investment of more than 3.
8 billion.