Base metals generally rose and aluminum continued to be strong

In terms of the market, on October 9, spot aluminum Shanghai trading concentrated 14460-14470 yuan / ton, the monthly discount was 40-30 yuan / ton, Wuxi transaction concentration was 14460-14470 yuan / ton, Hangzhou transaction concentration was 14470-14480 yuan / ton
.
Holders continue to ship goods at high prices, and intermediaries are more willing to receive goods, because of the need to pay long orders, bullish and possible tax reduction considerations, downstream enterprises are not strong in receiving goods, and the overall transaction is showing the stalemate
at both ends of supply and demand.

On the news, the Asian dollar index rebounded and is now trading around 95.
882, affected by the rise in US long-term government bond yields, the dollar index is still relatively strong recently
.
In terms of industry, Norsk Hydro said that Brazil's Alunorte alumina refinery will resume production and 50% of its capacity will be restarted
.
Norsk Hydro said it expects the Alunorte alumina refinery to have the capacity to increase capacity to 50 percent
within two weeks.

During the day, Shanghai aluminum continued to be strong, the market performance was less affected by the external market, the holders in the spot market continued to ship at high prices, and the willingness of middlemen to receive goods increased, because of the need to pay long orders, bullish and possible tax reduction considerations
.
On the technical side, although the futures price continues to be strong, it is still resisted at the junction of the 20-day and 60-day moving averages, and the green column continues to shrink from the MACD indicator, and the short-term recommendation is mainly to pull back to long
.
Operationally, the Shanghai aluminum 1811 contract can intervene at a distance of 14,500 yuan / ton, and the stop loss refers to 14,400 yuan / ton
.