1. Name of commodity: standard aluminium ingot (99.70)

2. Latest price (2019.8.28): 14356.67 yuan/ton

3. Main points of analysis: Affected by Typhoon Lichma in mid-August, the market predicts that the production capacity of electrolytic aluminium in Shandong will decrease (Weiqiao 105,000 tons of electrolytic aluminium capacity will be forced to voluntarily stop production). Superposition of Xinjiang mail accident, the market information factor is obvious, and the price of aluminium ingot will increase substantially. Aluminum ingot prices slightly upward fine-tuned on the 28th, the current high shock operation mainly, on the one hand, based on the basic price of raw material alumina bottom building, cost support is strong; on the other hand, domestic production capacity is basically close to the ceiling, new production capacity is limited and downstream demand is good, domestic social inventory is reduced significantly, export data operation of the aluminium industry chain Smooth.

4. Future market forecast: At present, supply and demand are relatively stable. It is expected that the price of aluminium ingot will keep oscillating and running smoothly in the near future. Later, it will pay attention to the actual trading situation of the market.