There are many short-term positive factors, and aluminum prices are rising steadily

In terms of market, the Shanghai transaction concentration was 13750~13810 yuan / ton, the discount for the month was 90~80 yuan / ton, the Wuxi transaction concentration was 13750~13810 yuan / ton, and the Hangzhou transaction concentration was 13760~13780 yuan / ton
.
Holders of goods shipments are reduced, the market circulation of goods is tight, the futures aluminum continues to rise, middlemen and downstream enterprises are very active in receiving goods, spot prices quickly adjust prices with the market, spot supply exceeds demand, Hangzhou area holder prices rose to 13780 yuan / ton for sale, basically no shipment
.
The overall transaction was good, showing a seller's market
.
In the late afternoon, the aluminum moon earthquake continued to rise, and the market was reluctant to sell, only trading 13810~13830 yuan / ton at the opening, and then the market was difficult to find a source
.

In terms of inventory, during the day, the aluminum warehouse receipt of the previous period was 820562 tons, down 1776 tons
from the previous trading day.
In terms of social stocks, SMM's social stocks were 2.
227 million tons, down 16,000 tons
from March 29.
As of March 29, LME aluminum ingot stocks were 1,286,300 tons, up 24,675 tons
from the previous trading day.

Market News:

1.
Desulfurization and dust removal technology in electrolytic aluminum industry, there is no mature technology and experience to learn from, and everyone is groping for progress
.
The only certainty is that there is not much time left for everyone, and environmental protection technology reform is imperative
.

2.
Alcoa has made plans to establish a joint venture with Almex in Ontario, Canada, to build a 50-acre
automotive aluminum production plant in the Anugur Aluminum Park in Orissa.

In the short term, the aluminum industry has relatively many factors, first of all, electrolytic aluminum inventory continues to decline, secondly, from the cost side, alumina and coal prices temporarily stop falling, although the pre-baked anode continues to decline, but the anode accounts for a relatively small proportion of the cost of electrolytic aluminum, while the rectification of captive power plants and environmental protection tax collection raise the industry cost center, comprehensive factors to boost aluminum prices rebound, short-term Shanghai aluminum probability continues to try to rise, but it is expected that the 20-day line and 14,000 yuan / ton integer mark will be repeated
.