There are many factors in the market disturbance Shanghai aluminum updated a new high in one and a half months

Today's London aluminum volatility was violent, LME three-month Beijing time at 15:01 at 2435 US dollars / ton, up 7 US dollars, or 0.
29%,
from the previous trading day's settlement price.

Today's Shanghai aluminum climbed strongly, overseas energy prices have repeatedly reached new highs, coupled with the continuous expansion of domestic and foreign supply side production reductions, aluminum prices upward support is solid, and prices are relatively firm, although power rationing also affects the demand side, there is a certain inhibition of price increases, Shanghai aluminum is still as stable as Mount Tai, refreshing a new high in one and a half months
.

In terms of the market, today's spot trading price of the Yangtze River is 18800-18840 yuan / ton, up 260 yuan, and the discount is 35-liter 5; Guangdong spot 18640-18700 yuan / ton, up 300 yuan, discount 195-discount 135; China reported 18850-18890 yuan / ton, up 250 yuan / ton
.
In the spot market, high aluminum prices stimulate holders to accelerate shipment realization, and the receiving party is optimistic about the positive inquiry, but the high price limits the total amount of transactions, and the overall output is more and less
.

The downward revision of domestic LPR boosted market confidence, and the news of the shutdown of domestic and foreign aluminum plants slowed down supply pressure, superimposed on the market multi-factor disturbance, among which energy shortage, strikes, and production cuts have become the key factors to help the recent aluminum market, coupled with the expectation of the traditional domestic peak season "Golden Nine Silver Ten" to support aluminum prices, it is expected that aluminum will rise
.