Daily review: global aluminum stocks fell to boost prices sharply higher
（ ） Domestic market: today Shanghai aluminum 1606 contracts opened 12450 yuan, main month low intraday high of 12805 yuan, 12260 yuan, close to 12805 in late, than the previous trading day up 490 yuan/ton. Global inventories declined to provide support for market demand pick up, today Shanghai aluminum sharply higher, in the short term aluminum market bulls atmosphere, and influx of capital market, is expected in the near future prices continue to remain strong.
the spot market: today's spot price is 12580 - 12620 yuan/ton, up 380 yuan/ton; Guangdong south store at 12600 - 12700 yuan/ton, up 330 yuan/ton; China reported 12690 - 12710 yuan/ton, up 380 yuan/ton; Stock clinch a deal the average price in 12580 - at home 12620 yuan/ton. Now aluminum rose sharply today, hold a strong appetite higher than that of suppliers for goods, downstream enterprise stock up positive over the weekend, the whole transaction is active.
news both at home and abroad:
1, in cable aluminum, today has not be new materials, because of its own characteristics have also been cooking utensils, etc. But this is a kind of common material, melt in the furnace of aluminum alloy wire company in xi 'an, coruscate gives new glory.
2, qinghai aluminum electricity tariff negotiation results, corresponding electricity price roughly to a spot price 11000 yuan/ton 0. 285 yuan/KWH as a benchmark, aluminium every rose 100 yuan/ton, price rise. 006 yuan/KWH, cap is 0. At the bottom of the 385 yuan/KWH, 0. 285 yuan/KWH, and rumors will be starting in January 2016, according to this calculation, the possible before electrolytic aluminium enterprises to pay the electricity charge.