On June 13, the U.S. debt crisis was “symbolically resolved”, while the logic of China’s “strong recovery” in the market changed to a “weak recovery”. “Climb over the hill”.
The rainfall in the southwest is gradually increasing, and the 1.91 million tons of electrolytic aluminum production capacity that was affected by the power restriction policy in Yunnan in the early stage may be reduced by the end of the second quarter, and the downstream operating rate will be gradually reduced, and the supply of electrolytic aluminum may be in a state of wide balance.
Affected by the weakening of raw material prices in the upstream of electrolytic aluminum, the profit margin of electrolytic aluminum continues to expand. Affected by the macro environment and supply relations, Shanghai Aluminum has downward support and upward pressure. Without a major positive boost, aluminum prices may Oscillate broadly.
