The short-term gap between supply and demand continues to expand, giving strong support to aluminum prices

In the external market, today's Lun aluminum volatility is strong, LME three-month Beijing time at 15:01 at 2603 US dollars / ton, up 16 US dollars, or 0.
64%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 19900-19940 yuan / ton, up 190 yuan; Guangdong South Reserve reported 20060-20120 yuan / ton, up 200 yuan; China reported 19940-19980 yuan / ton, up 170 yuan
.
In the spot market, the holders continue to ship at high prices, the receivers actively purchase, the trading atmosphere is acceptable, and the transaction activity is better
.

Industry news, it is reported that due to the shortage of power supply, a 500,000 tons/year electrolytic aluminum enterprise in Guangxi was required to stop grooving and reduce production, and the scale of production reduction is expected to be about
30%.
Today, Inner Mongolia Power Grid issued a red alert
for orderly electricity consumption.

In terms of news, domestic electrolytic aluminum continues to destock, and destocking maintains a relatively fast speed, the southwest region continues to limit power and production, power supply is still tight leading to most aluminum companies to reduce production and burden, so that supply concerns continue to heat up, it is expected that aluminum will rise
slightly today.