While global investment institutions are focusing on the oil prices reaching to $100/barrel, London aluminum futures started a sharp rise.

As of 19:30 on February 9, the quotation of the main aluminum futures contract in London was hovering at US$3,205.8/ton, hitting the highest value since 2008 at US$3,236/ton overnight.

This means that London aluminum futures have continued to rise more than 14% this year after rising 42% last year, making it one of the best-performing metals on the London Metal Exchange this year.

LME-registered aluminium inventories have fallen to 767,700 tonnes from about 2 million tonnes in March last year, it was the lowest level since 2007.

A Wall Street multi-strategy hedge fund manager admitted that inflation trading has become a core investment strategy of hedge funds this year, especially in the context of the continued impact of the epidemic and the changing international relations. These commodities may deliver unexpectedly high returns.

Jeff Currie, a senior commodity analyst at Goldman Sachs Group, bluntly said that many commodity futures are currently at a forward discount, indicating that supply shortages are continuously affecting the prices of many commodities, which is a phenomenon he has never seen in his 30 years career.

DONGHENG ALUMINUM is a large-scale industrial and trade integration enterprise integrating R&D, production and sales. The company has more than 100 outstanding employees and is located in the beautiful Qingdao. Mainly engaged in the production and sales of aluminum sheets, foils and coils. The company's scale has been continuously expanded, and its sales network has covered more than 60 countries around the world. The company takes the initiative to undertake social responsibilities, and regards ecological environmental protection as the key task of development.