Shanghai aluminum shock operation supply-side pressure continues

In terms of external trading, today's Lun aluminum is running strongly, and the LME three-month aluminum Beijing time is reported at 1997.
5 US dollars / ton at 15:00, up 8.
5 US dollars, or 0.
43%,
from the settlement price of the previous trading day.

In terms of the market, today's spot trading price of Yangtze River is 15890-15930 yuan / ton, unchanged; Guangdong South Reserve reported 15910-15970 yuan / ton, up 20 yuan; Hua reported 16020-16040 yuan / ton, up 10 yuan
.
Traders are mainly shipped, large households are generally enthusiastic about receiving goods, downstream just need to receive goods, and the transaction activity is general
.

Industry highlights, the International Aluminium Association (IAI) has announced the launch of a roadmap to maximize the use of bauxite residues in cement and concrete products
.
The roadmap includes information
to address concerns, biases, technical and legal barriers to bauxite slag use.

Domestically, the spot premium is 160 yuan / ton, the Shanghai aluminum 12 contract is 15810 yuan / ton, the high back structure is maintained, and there is still no sign of
accumulation.
Smelting profit is still maintained at more than 2,000 yuan / ton, under the logic of destocking, speculation demand will make the price of goods in recent months more and more tight, although the high price of aluminum will inhibit downstream consumption, long-term supply in November and December is still difficult to increase, resulting in Q4 domestic difficult to accumulate significantly, low inventory continues to be more treated
.