Brief review of Shanghai aluminum on March 15

In February 2021, the increase in the scale of social financing was 1.
71 trillion yuan, significantly exceeding the expectation of 910 billion yuan, which is generally conducive to the rise of
non-ferrous metals.
Inner Mongolia has not passed the annual total energy consumption and intensity dual control target assessment results, it has announced that it will not approve electrolytic aluminum production capacity projects, and existing electrolytic aluminum plants have announced production reductions, electrolytic aluminum supply has been greatly affected
.
Recently, the rise in social inventory of electrolytic aluminum has slowed down significantly, and with the advent of the consumption season, it is presumably that the inflection point of inventory decline will come soon
.

At present, the follow-up aluminum production capacity of aluminum enterprises under the advent of the "carbon neutral" wave will be further narrowed, and at the same time superimposed on the rise of downstream demand, the market is generally optimistic about the subsequent aluminum price trend, in the short term, the aluminum price under the sharp rise still has some risks, but the overall high trend remains unchanged, the main force continues to pay attention to the 18,000 pressure level, the operation of the holder can be high shipments, it is expected that tomorrow's spot aluminum continues to run
at a high level.