Shanghai aluminum continues to be strong, and the market expects demand to pick up after the holiday

In the external market, Lun aluminum is strong and volatile, LME three-month aluminum Beijing time at 15:00 at 2001 US dollars / ton, up 6.
5 US dollars, or 0.
33%,
from the previous trading day's settlement price.

In terms of the market, the spot trading price of Yangtze River was 15460-15500 yuan / ton, up 120 yuan; Guangdong South Reserve reported 15460-15520 yuan / ton, up 210 yuan; Hua reported 15600-15620 yuan / ton, up 160 yuan
.
Holders are optimistic about the market and actively ship after the decline, and receivers are mainly wait-and-see, and transaction activity remains weak
.

Industry news, on the afternoon of February 4, Novelis lightweight high-end automotive aluminum plate project signed a contract in the town
.
The project has a total investment of 300 million US dollars, a planned area of about 400 mu, and is invested and constructed in 3 years, and is expected to achieve an annual output of 230,000 tons of lightweight,
high-end automotive cold-rolled aluminum coil after completion.

This year, China encourages local New Year celebrations, resulting in less accumulation than in previous years, and there are still great expectations
for the improvement of downstream operating rates after the Spring Festival.
Considering that the domestic macro is still warm in the first half of the year, it is still in the stage
of optimistic expectations.