Day review: aluminum prices slightly higher volume
（ ） Domestic market: today Shanghai aluminum 1611 contracts opened 12440 yuan, main month low intraday high of 12555 yuan, 12370 yuan, close to 12495 in late, than the previous trading day up 80 yuan/ton. Decline in China's August alumina imports or to provide support for domestic prices, Shanghai aluminum rose sharply today, near the National Day holiday, the market risk aversion, short-term is expected to aluminum prices continue concussion pattern, main force to maintain 12000 - 12600 range.
the spot market: today's spot price is 13220 - 13260 yuan/ton, up 20 yuan/ton; Guangdong south store at 12920 - 13020 yuan/ton, down 10 yuan/ton; China reported 13330 - 13350 yuan/ton, up 20 yuan/ton; Stock clinch a deal the average price in 13210 - at home 13250 yuan/ton. Today is aluminum rose slightly, the shipper shipment positively, low downstream of receiving, clinch a deal market as a whole is slightly rebounded yesterday.
news both at home and abroad:
1, speed up the pace of building applications aluminum template, and actively developing high strength aluminum alloy extrusion material plate, high quality aluminum foil, light rail transit in aluminum alloy industrial profiles, etc. In 2016, the implementation of project 83 to 50 million yuan, 500 million yuan more than 19 projects, estimate the total investment is 50. 9 billion yuan, 2016 plan completed investment of 14. 1 billion yuan.
2, electrolysis plant considering transportation cost, stock may adjust the inside and outside the mine ore ratio, the proportion increased. In order to ensure profits and reduce costs to quantity in price, reduce the output pressure, reduce production, thereby reducing the the amount with mine.