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The overseas turmoil situation has slowed down, the aluminum price maintained a weak shock during the day, and closed slightly lower at the end of the day, as of the close, the main 2203 contract of Shanghai aluminum closed down at 22595, down 145, or 0.
64%.
From the perspective of inventory, the cumulative growth rate of the social library has slowed down as expected, although the total inventory is still increasing, but at the same time, we should also consider the reasons for the gradual increase in the operating rate of
aluminum enterprises.
On the whole, the current downstream peak season consumption expectations are gradually realizing, we believe that the fundamentals of the domestic aluminum market are still good, in the medium and long term, aluminum prices still have upward momentum, short-term aluminum prices will continue to consolidate at a high level, it is expected that tomorrow's spot aluminum may stop falling and stabilize, and the operation can be bought
on demand.
