Inventories remain low and Shanghai aluminum as a whole remains high and volatile

In terms of external trading, today's Lun aluminum trend is stronger, LME three-month aluminum Beijing time at 15:00 at 1670.
5 US dollars / ton, up 8 US dollars, or 0.
48%,
from the previous trading day's settlement price.

In terms of the market, today's spot trading price of Yangtze River is 14380-14420 yuan / ton, down 90 yuan; Guangdong South Reserve reported 14300-14360 yuan / ton, down 100 yuan; Hua reported 14500-14520 yuan / ton, down 70 yuan
.
The number of large purchases is not much, the implementation of traders' long orders is acceptable, the downstream just needs to purchase, and the overall transaction is general
.

Industry news, a few days ago, the secretary general of the International Aluminium Association (IAI) Miles Prosser said that the global aluminum industry to achieve the goal of "existing net zero carbon dioxide emissions" is challenging, and it is unclear whether these goals can be achieved
.
Depending on the region, the target requires companies to achieve net-zero carbon emissions between 2050 and 2070, in line with the principles of
the Paris Agreement.

The domestic and foreign stock markets returned to the rise, driving market optimism, aluminum has stopped falling but the performance is not eye-catching, perhaps also a response
to the current fundamentals.
On the cost side, the rapid rebound of alumina prices in the first two weeks has repaired production profits, and some of the suspended production capacity has begun to resume production, driving the improvement of the supply shortage pattern and inhibiting the upside
of prices.
Inventories are showing signs of accumulation, but the accumulation range is small, and inventories are still low, so aluminum prices as a whole remain high and volatile
.