Aluminum hit a new high in nearly a month, and its performance was much stronger than other base metals

In the external market, the rise of Asian aluminum slowed down, of which the 3-month LME aluminum was reported at 2137 US dollars / ton, up 0.
23% per day, for four consecutive days, hitting a high in nearly a month, the market continued to pay attention to the impact of Rusal by the US sanctions, and the rebound resistance above Lun aluminum focused on 2200 US dollars / ton
.

In terms of spot, on April 10, the Shanghai transaction concentration was 14180-14200 yuan / ton, the discount for the current month was 100-90 yuan / ton, and the discount for the next month was 90-80 yuan / ton
.
Wuxi transaction concentration is 14180-14200 yuan / ton, Hangzhou transaction concentration is 14180-14200 yuan / ton
.
Due to factors such as the expansion of discounts, bullish and tax cuts in May, the willingness of middlemen to receive goods is more active, resulting in the gradual weakening of the shipholders' shipments, high prices suppress the enthusiasm of downstream enterprises for procurement, and the overall transaction is more active
than the previous day.

In terms of industry, as the United States sanctions Rusal, more and more focus has turned to domestic manufacturers in the United States to fill the gap
.
Alcoa and Century Aluminum appear to be the two main beneficiaries of the sanctions
.

During the day, the Shanghai aluminum 1806 oscillation rose to 14350 yuan / ton, but the intraday rush back down, indicating that there is a certain selling pressure above, and its performance is stagnating in Lun aluminum, and continue to pay attention to the performance
of the external market in the short term.
In operation, it is recommended that the Shanghai aluminum 1806 contract can be backed above 14200 yuan to bargain long, the entry reference is around 14280 yuan, and the target is 14500 yuan
.