Shanghai Aluminum jumped higher after the gap opened, along with the emergence of prices

Judging from today's disk, Shanghai aluminum prices gapped higher today under the impact of the sharp increase in aluminum prices during the LME period overnight, but long bullish positions immediately emerged, although they were also accompanied by short-selling positions, but long positions were closed. Obviously more positive, the price also followed the trend of decline, the domestic period of aluminum disk is significantly weaker than the outer disk, the volume of forward contracts began to enlarge, but no significant increase in positions, the flow of the venue is not high, fewer participants, peripheral funds are not Dare to enter the market easily, after all, the national policy on electrolytic aluminum is not yet clear. From the spot market point of view, today's Shanghai aluminum spot price of 16,580 yuan / ton, compared with yesterday's drop of 20 yuan / ton. From the perspective of LME aluminum futures, after the formation of the triple bottom, prices began to rebound sharply, and prices have now broken the pressure area of ​​1810-1820 US dollars / ton. This round of LME aluminum gains started with Alcoa, the world’s largest aluminum producer, releasing strong quarterly results last Friday. (Alcoa)'s investment rating on stocks was raised, along with other aluminum industry shares. The price of aluminum metal has also been boosted, and there are funds to use this theme to speculate. Operational recommendations: rebound to lighten up.

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