Shanghai aluminum shock closed higher to hit a one-month high

In the external market, the Asian Aluminum Oscillation continued to rise, hitting a high point
.
Among them, the three-month LME aluminum reported 2659.
5 US dollars / ton, and the trading range was 2450-2660 US dollars / ton, up 4.
38%
per day.
At present, Lun aluminum is above the moving average group, which has risen for half a month, and the position increase oscillation, showing that with the high price of Lun aluminum, the market is charming
.

In terms of the market, on April 19, the Shanghai transaction concentration was 15080-15160 yuan / ton, the discount for the month was 60-50 yuan / ton, the Wuxi transaction concentration was 15070-15150 yuan / ton, and the Hangzhou transaction concentration was 15080-15170 yuan / ton
.
Due to the optimism about the consistency of the future market, the holders are slightly reluctant to sell within the day, the willingness to ship is not high, the traders with value-preserving exposure in the early stage are relatively active in shipments, and the profits are very rich, the willingness of middlemen and downstream to receive goods is very strong, and the market trading is hot
.

In terms of inventory, during the day, the aluminum warehouse receipt of the previous period was 876730 tons, an increase of 4979 tons
over the previous trading day.
As of April 18, LME aluminum ingot stocks were 1,412,500 tons, up 100 tons
from the previous trading day.

Industry information, according to the news released on the official website of the Ministry of Ecology and Environment of the People's Republic of China, 16 varieties of solid waste, such as waste hardware, waste ships, waste automobile presses, smelting slag, and waste plastics from industrial sources, were transferred from the "Catalogue of Solid Wastes that Can Be Used as Raw Materials for Restricted Imports" to the "Catalogue of Prohibited Solid Wastes", which will be implemented
from December 31, 2018.
It includes seven types of aluminum scrap that have been significantly reduced, clearly stating that imports
will be banned by the end of the year.
At present, most recycled aluminum enterprises import six types of scrap aluminum, which has no impact
for the time being.

During the day, Shanghai aluminum 1806 opened high to 15380 yuan / ton, has risen for five consecutive days, and is currently running above the moving average group
.
As the impact of the RUSAL incident continues to ferment, but the Sino-US trade dispute has been repeated from time to time, investors need to operate
cautiously.
Operationally, it is recommended that the Shanghai aluminum 1806 contract can sell high and low around 15600-15300 yuan / ton, and the stop loss is 150 yuan / ton
each.