The overall shock of industrial products was strong, and Shanghai aluminum rushed back down

News side: 1.
The research results of the Institute of Financial Strategy of the Chinese Academy of Social Sciences predict that China's economy is expected to basically stabilize in the second quarter of this year, with GDP growth remaining at about 6.
8% and the consumer price index CPI rising by about
2.
4%.
GDP slipped to around 6.
7% in the first quarter of this year, and the CPI rose to about
2.
2%.

2.
Liang Hong, chief economist of CICC, said that demand-side control measures such as limiting purchases, increasing the down payment ratio, and increasing transaction taxes have failed to stop the rise
in house prices in the past five years.
Only by effectively increasing supply and strengthening the construction of a tiered housing market system can we build a reasonable and healthy real estate market
.

3.
Zhuochuang Information investigated the start of more than 100 recycled aluminum alloy ingot manufacturers in 13 regions such as Hebei, Shandong, Shanghai, Zhejiang, Chongqing and Guangdong in March, and the operating rate of aluminum alloy ingot manufacturers in various regions in China in March rebounded sharply compared with February, of which the operating rate in most parts of the country was above
70%.
The lowest operating rate in Shandong is about 50%, because small enterprises that do not meet environmental protection standards are transforming the apartment type, while the operating rate of enterprises with production qualifications is more than 85%, and the production line is at a high level after the holiday, except for normal equipment maintenance, the production line is basically in a full production state
。 Henan, Liaoning, Chongqing area operating rate in the forefront of China, of which Henan area operating rate of 90%, although there is no local industrial base, but because of its cheap price, aluminum ingots are mostly sold to casting manufacturers in East China, and the local environmental protection inspection is not strong, post-holiday production to maintain a high level; Liaoning and Chongqing as China's important automobile production bases, because downstream automobile manufacturers are mostly preparing inventory for the May Day short holiday auto show, the demand for aluminum ingots is huge, so the operating rate of aluminum alloy ingot manufacturers in March remained relatively high, 79% and 85%
respectively.
According to the survey, the average operating rate of recycled aluminum alloy ingot enterprises in various regions of China in March was about 75%, an increase of 13.
64%
month-on-month.

Tomorrow's aluminum price analysis: the overall short-term industrial products continue to fluctuate, the base metal Shanghai aluminum performance is strong, and other varieties rise alone when adjusted sideways
.
Today's domestic black series and chemical industry department opened high and low and fluctuated violently, driving Shanghai aluminum to follow the rush back down
.
Tomorrow's aluminum prices are expected to fall or remain flat, for reference
only.